2008 Regular Session

SENATE BILL 715

File Code: Taxes - Income
Sponsored By:
Senators Klausmeier, Astle, Colburn, Glassman, Jacobs, Kittleman, Mooney, and Stone
Entitled:
Income Tax - Subtraction Modification - Military Compensation Outside the State

Synopsis:

Extending the subtraction modification for military pay under the Maryland income tax to include specified military compensation paid to active military personnel for service outside the State; repealing a reduction in the amount of the subtraction modification for military pay in excess of $15,000; applying the Act to taxable years beginning after December 31, 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

Sponsored by:

Senator Katherine Klausmeier, District 8
Senator John C. Astle, District 30
Senator Richard F. Colburn, District 37
Senator Barry Glassman, District 35
Senator Nancy Jacobs, District 34
Senator Allan H. Kittleman, District 9
Senator Alexander X. Mooney, District 3
Senator Norman R. Stone, Jr., District 6

Bill indexed under the following Subjects:

Armed Forces -see also- Militia
Exemptions
Income Tax
Salaries -see also- Overtime; Reimbursement Rates

Bill affects the following Statutes:

Tax - General
( 10-207 , 10-207 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered