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Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
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
Legislation History
Chamber
House
Calendar Date
1/15/2021
Legislative Date
1/15/2021
Action
First Reading Ways and Means
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Text - First - State Individual Income Tax – Millionaires’ Tax
Proceedings
Chamber
House
Calendar Date
1/18/2021
Legislative Date
1/18/2021
Action
Hearing 2/04 at 1:30 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 1/15/2021 1/15/2021 First Reading Ways and Means
Text - First - State Individual Income Tax – Millionaires’ Tax
House 1/18/2021 1/18/2021 Hearing 2/04 at 1:30 p.m.
(   10-105 )
Last Updated: 4/1/2021 4:37 PM
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