2008 Regular Session

SENATE BILL 537

File Code: Taxes - Miscellaneous
Sponsored By:
Senator Pipkin
Entitled:
Tax Reduction Act

Synopsis:

Altering rates and rate brackets under the State income tax for individuals and corporations; altering the deduction amounts allowed for personal exemptions under the income tax; repealing recordation and transfer taxes imposed on the transfer of a controlling interest in specified real property owning entities; repealing the sales and use tax on computer services; altering the sales and use tax rate; altering the cigarette tax rate; altering the motor vehicle excise tax; altering the distribution of specified revenues; 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
3/5
Hearing 3/19 at 1:00 p.m.
3/14
Hearing cancelled
3/17
Withdrawn
House Action
No Action

Bill indexed under the following Subjects:

Admissions and Amusement Tax
Appropriations
Attorneys
Baltimore City
Bingo
Bonds -see also- County & Baltimore City Bonds; State Bonds.
Chesapeake Bay
Cigarettes -see also- Smoking
Computers -see also- Electronic Commerce; Electronic Govmnt.
Contracts -see also- Land Installment Contracts; Procurement
Corporations -see also- Municipal Corps; Public Corps & Inst
Counties -see also- Chartered Counties; Code Counties
Environmental Matters -see also- Conserv; Nat Resrce; Pollut
Excise Tax
Exemptions
Fees -see also- Devt Fees and Taxes; Reimbursement Rates
Fish and Fishing -see also- Aquaculture; Gill Nets
Fuel Tax
Gaming -see also- Bingo; Lottery; Raffles
Health Occupations -see also- specific health occupations
Higher Education -see also- Comm Colleges; Med Schools; etc.
Income Tax
Licenses -see also- Alcoholic Bev Lic; Drivers` Licenses
License Plates
Mergers and Acquisitions
Motor Vehicles -see also- Aband Veh; Ambulances; Buses; etc.
Motor Vehicle Administration
Municipal Corporations -see also- Annap; Balt; Hager; OC
Nonresidents -see also- Aliens
Real Property
Recordation
Reports
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Sales and Use Tax
Scholarships
Security Interests -see also- Liens; Mechanics` Liens
Sunset
Tax Credits -see also- Circuit Breaker
Titles
Tobacco
Transfer Tax
Transportation-see also- Aircraft; Airports; Boats; etc
Vending Machines
Waterway Improvement Fund

Bill affects the following Statutes:

Business Occupations and Professions
( 10-313 )
Natural Resources
( 4-209 , 8-707 )
Article - 24 Political Subdivisions - Miscellaneous Provisions
( 9-1104 )
Tax - General
( 2-106 , 2-202 , 2-613.1 , 2-614 , 2-615 , 2-1104 , 2-1302.1 , 2-1302.2 , 2-1303 , 4-102 , 4-105 , 4-105 , 10-105 , 10-211 , 10-601 , 10-704 , 11-101 , 11-101 , 11-104 , 11-105 , 11-219 , 11-301 , 12-105 )
Tax - Property
( 12-110 , 12-117 , 13-103 )
Transportation
( 3-202 , 3-215 , 8-402 , 13-208 , 13-613 , 13-613 , 13-802 , 13-809 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Not available at this time
Amendments: None offered