HOUSE BILL 1162

File Code: Taxes - Income

Sponsored By:

Delegate Krebs

Entitled:

Income Tax - Subtraction Modification - Retirement Income

Synopsis:

Including income from specified retirement plans within a subtraction modification allowed under the income tax for retired individuals who are at least 65 years old or who are disabled or whose spouse is disabled; applying the Act to taxable years beginning after December 31, 2006; etc.

History by Legislative and Calendar Date

House Action

2/19

First Reading House Rules and Executive Nominations

3/5

Re-referred Ways and Means

3/7

Hearing 3/22 at 1:00 p.m.

Senate Action

No Action

Bill indexed under the following Subjects:

Disabilities -see also- Blind; Deaf; Developmental

Elderly Persons

Exemptions

Income Tax

Retirement Systems -see also- Mandatory Retirement

Bill affects the following Statute:

Tax - General

( 10-209 )

Documents:

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

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered