Legislation

Title: Income Tax - Subtraction Modification - Overtime Compensation Earned by Certain Individuals
Sponsored by: Delegates Summers, Braveboy, and Stukes
Status: In the House - Hearing 2/18 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Providing a subtraction modification under the Maryland income tax for the first $5,000 of income earned by a career fire, law enforcement, emergency medical services, paramedic, or rescue employee or veteran and received as overtime compensation required by the federal Fair Labor Standards Act of 1938; requiring the Comptroller to adopt specified regulations; applying the Act to tax years after 2013 but before 2024; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2014

History

Legislation History
Chamber House Calendar Date 1/24/2014 Legislative Date 1/27/2014 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/29/2014 Legislative Date 1/29/2014 Action Hearing 2/18 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/24/2014	1/27/2014	First Reading Ways and Means
House	1/29/2014	1/29/2014	Hearing 2/18 at 1:00 p.m.

Documents

Date Posted	Document Name
1/28/2014	Text - First - Income Tax - Subtraction Modification - Overtime Compensation Earned by Certain Individuals

File Code

Subjects

Statutes