Legislation
- Title
- State Individual Income Tax – Millionaires’ Tax
- Sponsored by
- Delegate Smith
- Status
- In the House - Hearing 2/04 at 1:30 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
                                Increasing the State income tax rate for an individual to 7% of Maryland taxable income in excess of $1,000,000; applying the Act to taxable years beginning after December 31, 2021; etc.
                            Committees
                                - Original:
- Ways and Means
Committee Testimony
                                    
                                Details
                                
Bill File Type: Regular                                                
                                            
Effective Date(s): July 1, 2022                                                
                                            History
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                            Statutes
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10-105                                        )
                                    
                                Last Updated: 4/1/2021 4:37 PM
                         
                

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