File Code: Taxes - Income
- Sponsored By:
-
Delegates Serafini, Dwyer, Glass, Ready, Afzali, Barve, Boteler, Cardin,
Frick, George, Hixson, Howard, Ivey, Kaiser, Luedtke, A. Miller, Myers,
Rosenberg, Ross, Stukes, F. Turner, and Walker
- Entitled:
-
Income Tax - Subtraction Modification - Credit Card Debt Forgiveness
Allowing an individual a subtraction modification under the Maryland
income tax for income from the cancellation of consumer credit card
debt unless the individual's federal adjusted gross income exceeds
$50,000 for an individual or $80,000 for a married couple filing a
joint return; providing that the amount of the subtraction
modification may not exceed $5,000 for an individual or $8,000 for a
married couple filing a joint return; applying the Act to tax years
after 2011; 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
- 2/8
- First Reading Ways and Means
- Hearing 2/28 at 1:00 p.m.
- 3/24
- Favorable with Amendments Report by Ways and Means
- 3/21
- Favorable with Amendments {945568/1 Report Adopted
- Second Reading Passed with Amendments
- 3/22
- Third Reading Passed (132-0)
Senate Action
- 3/22
- First Reading Budget and Taxation
- 3/29
- Hearing 4/4 at 1:00 p.m.
Sponsored by:
- Delegate Andrew A. Serafini, District 2A
- Delegate Kathy Afzali, District 4A
- Delegate Kumar P. Barve, District 17
- Delegate Joseph C. Boteler, III, District 8
- Delegate Jon S. Cardin, District 11
- Delegate Don H. Dwyer, Jr., District 31
- Delegate C. William Frick, District 16
- Delegate Ron George, District 30
- Delegate Glen Glass, District 34A
- Delegate Sheila E. Hixson, District 20
- 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 Aruna Miller, District 15
- Delegate LeRoy E. Myers, Jr., District 1C
- Delegate Justin Ready, District 5A
- Delegate Samuel I. Rosenberg, District 41
- Delegate Justin D. Ross, District 22
- Delegate Melvin L. Stukes, District 44
- Delegate Frank S. Turner, District 13
- Delegate Jay Walker, District 26
Bill indexed under the following Subjects:
- Credit
- Debt Management
- Exemptions
- Income Tax
Bill affects the following Statutes:
- Tax - General
- (
10-207
,
10-207
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
House
- Number: 945568/01 Offered on: March 24, 2012 at:
5:22 p.m. Status: Adopted
-
Committee Votes :
House
- Ways and Means
- Roll Call Vote (Legislative date is shown):
House
- March 22, 2012: Third Reading Passed (132-0)
