SENATE BILL 666

File Code: Taxes - Income Crossfiled with: HOUSE BILL 955

Sponsored By:

Senator Colburn

Entitled:

Income Tax - Subtraction Modification - Foster Parents

Synopsis:

Allowing a subtraction modification for the Maryland income tax for $3,500 for specified foster parents under specified circumstances; providing that the subtraction may not be claimed under specified circumstances; and requiring a taxpayer to obtain a statement certifying compliance with specified provisions to qualify for the subtraction modification.

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

Foster Care

Income Tax

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