SENATE BILL 443

File Code: Taxes - Income

Sponsored By:

Senators Hollinger and Green

Entitled:

Income Tax - Subtraction Modification for Living Organ Donors

Synopsis:

Allowing a subtraction modification under the Maryland income tax for specified expenses that are attributable to the donation of specified organs to other individuals for organ transplantation under specified circumstances; limiting the subtraction to $10,000 and to one organ donation; and applying the Act to tax years beginning after December 31, 2004.

History by Legislative Date

Senate Action

2/4

First Reading Budget and Taxation

2/23

Hearing 3/9 at 1:00 p.m.

House Action

No Action

Sponsored by:

Senator Paula C. Hollinger, District 11

Senator Leo E. Green, District 23

Bill indexed under the following Subjects:

EXEMPTIONS

INCOME TAX

ORGAN DONORSHIP

Bill affects the following Statutes:

Tax - General

( 10-208 , 10-208 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered