Legislation

Title: Income Tax - Subtraction Modification - Olympic and Paralympic Games Medals and Prizes
Sponsored by: Senator DeGrange
Status: In the Senate - Favorable with Amendments Report by Budget and Taxation
Analysis: Fiscal and Policy Note

Synopsis

Providing a subtraction modification under the Maryland income tax for the value of any medals awarded by the International Olympic Committee or the International Paralympic Committee and the amount of any prize money or honoraria that is received from the United States Olympic Committee that is the result of a performance at the Olympic Games or the Paralympic Games; applying the Act to taxable years beginning after December 31, 2016; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0021

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2017

History

Legislation History
Chamber Senate Calendar Date 8/17/2016 Legislative Date 8/17/2016 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/11/2017 Legislative Date 1/11/2017 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Olympic and Paralympic Games Medals and Prizes Proceedings
Chamber Senate Calendar Date 1/04/2017 Legislative Date 1/04/2017 Action Hearing 1/18 at 2:00 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 4/10/2017 Legislative Date 4/10/2017 Action Favorable with Amendments Report by Budget and Taxation Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	8/17/2016	8/17/2016	Pre-filed
Senate	1/11/2017	1/11/2017	First Reading Budget and Taxation
			Text - First - Income Tax - Subtraction Modification - Olympic and Paralympic Games Medals and Prizes
Senate	1/04/2017	1/04/2017	Hearing 1/18 at 2:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	4/10/2017	4/10/2017	Favorable with Amendments Report by Budget and Taxation

File Code

Subjects

Statutes