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 retirement plans for the taxable year exceeds $100,000.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Introduced in a prior session as: SB0011 Session: 2018 Regular Session

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2019

History

Legislation History
Chamber Senate Calendar Date 7/13/2018 Legislative Date 7/13/2018 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/09/2019 Legislative Date 1/09/2019 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 1/03/2019 Legislative Date 1/03/2019 Action Hearing 1/17 at 1:45 p.m. Proceedings
Chamber Senate Calendar Date 1/07/2019 Legislative Date 1/07/2019 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 1/07/2019 Legislative Date 1/07/2019 Action Hearing 1/17 at 10:30 a.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/27/2019 Legislative Date 2/27/2019 Action Unfavorable Report by Budget and Taxation Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	7/13/2018	7/13/2018	Pre-filed
Senate	1/09/2019	1/09/2019	First Reading Budget and Taxation
			Text - First - Income Tax - Subtraction Modification - Retirement Income
Senate	1/03/2019	1/03/2019	Hearing 1/17 at 1:45 p.m.
Senate	1/07/2019	1/07/2019	Hearing canceled
Senate	1/07/2019	1/07/2019	Hearing 1/17 at 10:30 a.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	2/27/2019	2/27/2019	Unfavorable Report by Budget and Taxation

File Code

Subjects

Statutes