HOUSE BILL 44

File Code: Taxes - Income Prior Year Introduction As: HB 1420/07 - W&M

Sponsored By:

Delegate Hixson

Entitled:

Individual Income Tax - Rates

Synopsis:

Altering rates and rate brackets under the Maryland income tax on individuals; repealing a Maryland income tax subtraction modification for specified income of spouses filing joint returns; altering the calculation of the rate of specified taxes and withholding required under specified circumstances; applying the Act to tax years after 2007; etc.

History by Legislative and Calendar Date

House Action

10/29

First Reading Ways and Means

10/30

Hearing 11/3 at 10:00 a.m.

Senate Action

No Action

Bill indexed under the following Subjects:

Corporations -see also- Municipal Corps; Public Corps & Inst

Exemptions

Gaming -see also- Bingo; Lottery; Raffles

Income Tax

Nonresidents -see also- Aliens

Partnerships

Real Property

Recordation

Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Transfer Tax

Bill affects the following Statutes:

Tax - General

( 10-102.1 , 10-105 , 10-207 , 10-908 , 10-912 )

Documents:

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

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

Amendments: None offered