Legislation

Reducing from 4.75% to 4% over a period of years the State income tax rates imposed on the Maryland taxable income of specified individuals with income between $3,001 and $100,000 and specified spouses filing a joint return, surviving spouses or heads of household with income between $3,001 and $150,000; applying the Act to all taxable years beginning after December 31, 2019; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2016, July 1, 2020

History

Legislation History
Chamber House Calendar Date 2/10/2016 Legislative Date 2/11/2016 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/12/2016 Legislative Date 2/12/2016 Action Hearing 3/08 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/10/2016	2/11/2016	First Reading Ways and Means
House	2/12/2016	2/12/2016	Hearing 3/08 at 1:00 p.m.

Documents

Date Posted	Document Name
2/11/2016	Text - First - Income Tax - Rates

File Code

Subjects

Statutes