HOUSE BILL 37

File Code: Taxes - Income Prior Year Introduction As: HB 1073/07 - W&M

Sponsored By:

Delegate Manno

Entitled:

Medicare Part D "Donut Hole" Tax Assistance Act

Synopsis:

Providing for a Maryland income tax subtraction modification of 50% of qualified prescription drug expenses of an individual eligible for prescription drug coverage under Part D of the Medicare Program and is enrolled in the Senior Prescription Drug Assistance Program; limiting the subtraction to 7.5% of an individual's federal adjusted gross income if the individual itemizes deductions; 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.

House Action

7/24

Pre-filed

1/9

First Reading Ways and Means

1/23

Hearing 2/6 at 11:00 a.m.

3/17

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

Drugs -see also- Controlled Dangerous Sub; Substance Abuse

Elderly Persons

Exemptions

Income Tax

Medical Assistance

Bill affects the following Statutes:

Tax - General

( 10-208 , 10-208 )

Documents:

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

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

Amendments: None offered