File Code: Taxes - Income
Crossfiled with: SENATE BILL 1302
- Sponsored By:
-
The Speaker (By Request - Administration)
- Entitled:
-
State and Local Revenue and Financing Act of 2012
Increasing the State individual income tax rates on specified amounts
of income; altering the amount that specified individuals may deduct
as an exemption under the income tax; requiring specified business
trusts to add specified income to federal adjusted gross income to
determine Maryland adjusted gross income; altering the tax rate for
specified tobacco products; providing, for purposes of the recordation
tax, that specified security interest in real property is deemed to be
treated as debt incurred; altering specified fees; 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
- 5/14
- First Reading Ways and Means
- Hearing 5/14 at 2:00 p.m.
Senate Action
- No Action
Sponsored by:
- Speaker, The
- Administration
Bill indexed under the following Subjects:
- Appeals -see also- Judicial Review
- Assessments and Taxation, Department of
- Business Trusts
- Committees and Commissions -see also- Political Committees
- Comptroller
- Drivers' Licenses
- Exemptions
- Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.
- Income Tax
- Interest
- Loans -see also- Mortgages
- Mortgages
- Penalties and Sentences -see also- Death Penalty
- Recordation
- Reports
- Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
- Sales and Use Tax
- Security Interests -see also- Liens; Mechanics' Liens
- Tax Credits -see also- Circuit Breaker
- Telecommunications and Information Technology
- Tobacco
- Utilities -see also- High Voltage Lines; Telephones; Water
- Vital Records
Bill affects the following Statutes:
- Health - General
- (
4-217
)
- State Government
- (
9-1604
)
- Tax - General
- (
10-105 ,
10-204 ,
10-211 ,
10-306 ,
10-708 ,
11-202 ,
12-105
)
- Tax - Property
- (
12-105
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
None offered