Legislation
- Title
- Income Tax - Subtraction Modification - Retirement Income
- Sponsored by
- Delegate Grammer
- Status
- In the House - Hearing 1/14 at 1:30 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Including income from certain retirement plans within a certain subtraction modification allowed under the Maryland income tax for certain individuals who are at least 65 years of age or who are disabled or whose spouse is disabled; altering the maximum amount of the subtraction modification beginning in taxable year 2021; providing that income included in certain subtraction modifications may not be taken into account for purposes of the subtraction modification for retirement income; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Introduced in a prior session as: HB0061 Session: 2020 Regular Session
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2021
History
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File Code
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Subjects
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Statutes
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(
10-209 )
Last Updated: 4/1/2021 4:24 PM