SENATE BILL 759

File Code: Taxes - Income Prior Year Introduction As: SB 877/07

Sponsored By:

Senator Stone

Entitled:

Income Tax - Subtraction Modification for Retirement Income - Rollovers to Individual Retirement Accounts

Synopsis:

Including income from specified retirement plans within a specified subtraction modification allowed under the Maryland income tax for specified retirement income under specified circumstances; applying the Act to tax years after 2007; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.

Senate Action

2/1

First Reading Budget and Taxation

2/20

Hearing 3/5 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

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