2010 Regular Session

SENATE BILL 406

File Code: Taxes - Income Prior Year Introduction As: SB 527/09 - B&T Crossfiled with: HOUSE BILL 300
Sponsored By:
Senators Kramer, Currie, DeGrange, Forehand, Kasemeyer, King, Madaleno, Munson, and Robey
Entitled:
Fairness in Taxation for Retirees Act

Synopsis:

Including income from specified retirement plans within a subtraction modification allowed under the Maryland income tax for retired individuals who are at least 65 years old or who are disabled or whose spouse is disabled; altering the determination of the maximum annual benefit under the Social Security Act for specified purposes; applying the Act to taxable years beginning after December 31, 2009; 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
1/29
First Reading Budget and Taxation
2/3
Hearing 2/24 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Rona E. Kramer, District 14
Senator Ulysses Currie, District 25
Senator James E. DeGrange, Sr., District 32
Senator Jennie M. Forehand, District 17
Senator Edward J. Kasemeyer, District 12
Senator Nancy J. King, District 39
Senator Richard S. Madaleno, Jr., District 18
Senator Donald F. Munson, District 2
Senator James N. Robey, District 13

Bill indexed under the following Subjects:

Comptroller
Disabilities -see also- Blind; Deaf; Developmental
Elderly Persons
Exemptions
Income Tax
Retirement Systems -see also- Mandatory Retirement
Social Security

Bill affects the following Statute:

Tax - General
( 10-209 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered