Legislation - SB0668

Title: Earned Income Tax Credit - Individuals Without Qualifying Children - Eligibility
Sponsored by: Senator Guzzone
Status: In the Senate - Hearing 2/12 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Expanding eligibility for the Maryland earned income tax credit for individuals without qualifying children by altering the income thresholds at which the credit phases out; providing that, after the 2024 tax year, the income threshold and phase-out amounts are adjusted annually for inflation; and applying the Act to all taxable years beginning after December 31, 2024.

Committees

Original:: Budget and Taxation

Details

Cross-filed with: HB0708

Bill File Type: Regular

Effective Date(s): July 1, 2025

History

Legislation History
Chamber Senate Calendar Date 1/30/2025 Legislative Date 1/26/2025 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Earned Income Tax Credit - Individuals Without Qualifying Children - Eligibility Proceedings
Chamber Senate Calendar Date 1/30/2025 Legislative Date 1/30/2025 Action Hearing 2/19 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/06/2025 Legislative Date 2/06/2025 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/06/2025 Legislative Date 2/06/2025 Action Hearing 2/12 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/11/2025 Legislative Date 2/11/2025 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/11/2025 Legislative Date 2/11/2025 Action Hearing 2/12 at 1:05 p.m. Proceedings
Chamber Senate Calendar Date 2/11/2025 Legislative Date 2/11/2025 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/11/2025 Legislative Date 2/11/2025 Action Hearing 2/12 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/30/2025	1/26/2025	First Reading Budget and Taxation
			Text - First - Earned Income Tax Credit - Individuals Without Qualifying Children - Eligibility
Senate	1/30/2025	1/30/2025	Hearing 2/19 at 1:00 p.m.
Senate	2/06/2025	2/06/2025	Hearing canceled
Senate	2/06/2025	2/06/2025	Hearing 2/12 at 1:00 p.m.
Senate	2/11/2025	2/11/2025	Hearing canceled
Senate	2/11/2025	2/11/2025	Hearing 2/12 at 1:05 p.m.
Senate	2/11/2025	2/11/2025	Hearing canceled
Senate	2/11/2025	2/11/2025	Hearing 2/12 at 1:00 p.m.

File Code

Subjects

Statutes