Legislation

Title: Income Tax - Subtraction Modification - Foreign Government Employer-Sponsored Retirement Plans
Sponsored by: Senator Lee
Status: In the Senate - Hearing 2/21 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Including income from retirement plans qualified under certain laws of a foreign government within a certain subtraction modification allowed under the Maryland income tax only if it is attributable to work performed within the United States in collaboration with the United States Government for certain individuals who are at least 65 years of age or who are disabled or whose spouse is disabled; applying the Act to taxable years beginning after December 31, 2017; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber Senate Calendar Date 1/29/2018 Legislative Date 1/29/2018 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Foreign Government Employer-Sponsored Retirement Plans Proceedings
Chamber Senate Calendar Date 1/31/2018 Legislative Date 1/31/2018 Action Hearing 2/21 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/29/2018	1/29/2018	First Reading Budget and Taxation
			Text - First - Income Tax - Subtraction Modification - Foreign Government Employer-Sponsored Retirement Plans
Senate	1/31/2018	1/31/2018	Hearing 2/21 at 1:00 p.m.

File Code

Subjects

Statutes