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Legislation


1998 Regular Session

SENATE BILL 603

CONSTITUTIONAL AMENDMENT
File Code: Operating Budget
Sponsored By:
Senators Craig, Stoltzfus, Derr, Boozer, Ferguson, Munson, Roesser, Hafer, Hogan, Haines, Colburn, and McCabe
Entitled:

Constitutional Amendment - Rebate of Revenue Surplus to Individual Income Taxpayers

Synopsis:

Proposing an amendment to the Constitution of Maryland to require that General Fund revenues received for a fiscal year in excess of the estimate of those revenues at the beginning of the fiscal year be paid to individual income taxpayers in a specified manner; requiring the Comptroller to determine the percentage amount of payment that will distribute the excess to individual income taxpayers in a specified manner; requiring the Comptroller to mail payments to eligible individual income taxpayers; etc.

History by Legislative Date

Senate Action
2/6
First Reading Budget and Taxation
2/11
Hearing 2/25 at 1:30 p.m.
3/23
Unfavorable Report by Budget and Taxation
House Action
No Action
Sponsored by:
Senator David R. Craig, District 34
Senator F. Vernon Boozer, District 9
Senator Richard F. Colburn, District 37
Senator John W. Derr, District 3
Senator Timothy R. Ferguson, District 4
Senator John J. Hafer, District 1
Senator Larry E. Haines, District 5
Senator Patrick J. Hogan, District 39
Senator Christopher J. McCabe, District 14
Senator Donald F. Munson, District 2
Senator Jean W. Roesser, District 15
Senator J. Lowell Stoltzfus, District 38
Bill indexed under the following Subjects:
COMPTROLLER
CONSTITUTIONAL AMENDMENTS
INCOME TAX
POSTAL SERVICE
REFERENDUM
REPORTS -see also- RECORDS
REVENUE AND TAXES -see also specific taxes -
Bill affects the following Statute:
Article - III Legislative Department
( 52A )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
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