Legislation

Including income from certain retirement plans within a certain subtraction modification allowed under the Maryland income tax for certain individuals; altering the calculation of the subtraction modification; increasing the maximum amount of the subtraction modification allowed for certain taxable years; and prohibiting an individual from qualifying for the subtraction if the total income from all qualified plans for the taxable year exceeds $100,000.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0405

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2018

History

Legislation History
Chamber Senate Calendar Date 7/18/2017 Legislative Date 7/18/2017 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/10/2018 Legislative Date 1/10/2018 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Retirement Income Proceedings
Chamber Senate Calendar Date 1/17/2018 Legislative Date 1/17/2018 Action Hearing 1/31 at 2:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/12/2018 Legislative Date 2/12/2018 Action Unfavorable Report by Budget and Taxation Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	7/18/2017	7/18/2017	Pre-filed
Senate	1/10/2018	1/10/2018	First Reading Budget and Taxation
			Text - First - Income Tax - Subtraction Modification - Retirement Income
Senate	1/17/2018	1/17/2018	Hearing 1/31 at 2:30 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	2/12/2018	2/12/2018	Unfavorable Report by Budget and Taxation

File Code

Subjects

Statutes