HOUSE BILL 116

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

Sponsored By:

Delegate Stifler

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 2008; etc.

History by Legislative and Calendar Date

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

House Action

1/22

First Reading Ways and Means

2/23

Unfavorable Report by Ways and Means Withdrawn

Senate 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: Not available at this time

Amendments: None offered