Legislation
- Title
- Income Tax - Standard Deduction - Alteration
- Sponsored by
- Senator Serafini
- Status
- In the Senate - Hearing 1/30 at 2:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Increasing the minimum and maximum limitation amounts of the standard deduction allowed under the Maryland income tax; providing that a certain cost-of-living adjustment applicable to the minimum and maximum limitation amounts of certain standard deductions applies beginning with taxable year 2020; applying the Act to taxable years beginning after December 31, 2018; etc.
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(
10-217 )
Last Updated: 2/3/2020 2:32 PM