HOUSE BILL 151

Sponsored By:

Delegates Bromwell and Cardin

Entitled:

Income Tax - Subtraction Modification for Retirement Income

Synopsis:

Including income from specified retirement plans within a specified subtraction modification allowed under the Maryland income tax for specified individuals for specified retirement income; and applying the Act to tax years after 2004.

History by Legislative Date

House Action

1/20

First Reading Ways and Means

2/9

Hearing 2/22 at 1:00 p.m.

Senate Action

No Action

Sponsored by:

Delegate Eric M. Bromwell, District 8

Delegate Jon S. Cardin, District 11

Bill indexed under the following Subjects:

DISABILITIES -see also- BLIND; DEAF; DEVELOPMENTAL

ELDERLY PERSONS

EXEMPTIONS

INCOME TAX

RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT

Bill affects the following Statute:

Tax - General

( 10-209 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered