SENATE BILL 961

File Code: Taxes - Income Prior Year Introduction As: SB 759/08 - B&T

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 beginning after December 31, 2008; etc.

History by Legislative and Calendar Date

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

Senate Action

2/20

First Reading Senate Rules

2/26

Re-referred Budget and Taxation

3/4

Hearing 3/24 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