Legislation
Synopsis
Altering the State income tax rate to 3.5% for individuals with Maryland taxable income in excess of $30,000; altering the county income tax rate to 2.3% on all Maryland taxable income of individuals; and applying the Act to taxable years beginning after December 31, 2015.
Committees
- Original:
- Rules and Executive Nominations
Details
Cross-filed with: SB0884
Introduced in a prior session as: HB0328 Session: 2014 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2015
Bill imposes a local government mandate which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit
History
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Documents
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Date Posted | Document Name |
---|---|
2/18/2015 | Text - First - Income Tax - Flat Tax |
File Code
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Subjects
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Statutes
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(
10-105, 10-106 )
Last Updated: 2/3/2020 2:29 PM