Legislation

Allowing a subtraction modification under the Maryland income tax for contributions to a certain first-time homebuyer savings account during a taxable year and certain earnings on the account; providing that an account holder may claim the subtraction modification under certain circumstances; providing that transfers of money to or from the account are subject to certain requirements and limitations; applying the Act to all taxable years beginning after December 31, 2017; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: SB0972

Introduced in a prior session as: HB0230 Session: 2017 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber House Calendar Date 1/25/2018 Legislative Date 1/25/2018 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - First-Time Homebuyer Savings Accounts Proceedings
Chamber House Calendar Date 1/29/2018 Legislative Date 1/29/2018 Action Hearing 2/14 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/25/2018	1/25/2018	First Reading Ways and Means
			Text - First - Income Tax - Subtraction Modification - First-Time Homebuyer Savings Accounts
House	1/29/2018	1/29/2018	Hearing 2/14 at 1:00 p.m.

File Code

Subjects

Statutes