File Code: Taxes - Income
Crossfiled with: SENATE BILL 580
- Sponsored By:
-
Delegates Zucker, Anderson, Barve, Branch, Clippinger, Glass, Haynes,
Howard, Ivey, Kaiser, Luedtke, McIntosh, A. Miller, Mitchell, Myers, Niemann,
Ready, S. Robinson, Rosenberg, Ross, Serafini, Stukes, Vaughn, Walker,
Washington, Cardin, and F. Turner
- Entitled:
-
Income Tax - Subtraction Modification - Mortgage Forgiveness Debt Relief
Allowing a subtraction modification under the Maryland income tax for
income from the discharge of indebtedness related to acquiring,
constructing, substantially improving, or refinancing a principal
residence; providing that the subtraction does not apply to more than
a specified amount for specified individuals; providing for an
addition modification to the State income tax under specified
circumstances; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
House Action
- 2/6
- First Reading Ways and Means
- 2/8
- Hearing 2/21 at 1:00 p.m.
- 3/21
- Favorable with Amendments Report by Ways and Means
- 3/20
- Favorable with Amendments {825667/1 Report Adopted
- Floor Committee Amendment {345468/1 Adopted
- Second Reading Passed with Amendments
- 3/21
- Third Reading Passed (132-0)
- 4/1
- House Concur - Senate Amendments
- Third Reading Passed (137-0)
- Passed Enrolled
Senate Action
- 3/22
- First Reading Budget and Taxation
- 3/28
- Hearing 3/29 at 1:00 p.m.
- 4/2
- Favorable with Amendments Report by Budget and Taxation
- 3/27
- Favorable with Amendments {689734/1 Report Adopted
- Second Reading Passed with Amendments
- 3/28
- Floor Amendment (Senator Peters) {723628/1 Adopted
- Third Reading Passed with Amendments (44-0)
Action after passage in House and Senate
- 5/22
- Approved by the Governor
- - Chapter 545
Sponsored by:
- Delegate Craig J. Zucker, District 14
- Delegate Curt Anderson, District 43
- Delegate Kumar P. Barve, District 17
- Delegate Talmadge Branch, District 45
- Delegate Jon S. Cardin, District 11
- Delegate Luke Clippinger, District 46
- Delegate Glen Glass, District 34A
- Delegate Keith E. Haynes, District 44
- Delegate Carolyn J. B. Howard, District 24
- Delegate Jolene Ivey, District 47
- Delegate Anne R. Kaiser, District 14
- Delegate Eric G. Luedtke, District 14
- Delegate Maggie McIntosh, District 43
- Delegate Aruna Miller, District 15
- Delegate Keiffer J. Mitchell, Jr., District 44
- Delegate LeRoy E. Myers, Jr., District 1C
- Delegate Doyle L. Niemann, District 47
- Delegate Justin Ready, District 5A
- Delegate Shane Robinson, District 39
- Delegate Samuel I. Rosenberg, District 41
- Delegate Justin D. Ross, District 22
- Delegate Andrew A. Serafini, District 2A
- Delegate Melvin L. Stukes, District 44
- Delegate Frank S. Turner, District 13
- Delegate Michael L. Vaughn, District 24
- Delegate Jay Walker, District 26
- Delegate Mary L. Washington, District 43
Bill indexed under the following Subjects:
- Exemptions
- Income Tax
- Loans -see also- Mortgages
- Mortgages
- Real Property
- Sunset
Bill affects the following Statutes:
- Tax - General
- (
10-205
,
10-205
,
10-207
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled, Chapter
- Fiscal and Policy Note:
Available
- Amendments:
House
- Number: 345468/01 Offered on: March 23, 2012 at:
4:03 p.m. Status: Adopted
- Number: 825667/01 Offered on: March 23, 2012 at:
4:01 p.m. Status: Adopted
Senate
- Number: 689734/01 Offered on: April 2, 2012 at:
10:02 p.m. Status: Adopted
- Number: 723628/01 Offered on: April 3, 2012 at:
11:46 a.m. Status: Adopted
-
Committee Votes :
House
- Ways and Means
Senate
- Budget and Taxation
- Roll Call Votes (Legislative dates are shown):
House
- March 21, 2012: Third Reading Passed (132-0)
- April 1, 2012: Third Reading Passed (137-0)
Senate
- March 28, 2012: Third Reading Passed with Amendments (44-0)