File Code: Taxes - Income
- Sponsored By:
-
Delegate Summers
- Entitled:
-
Income Tax - Subtraction Modification - Retirement Income
Increasing the maximum amount allowed as a subtraction modification
under the State income tax for specified retirement income of an
individual who is at least 70 years old or who is totally disabled;
reducing the maximum amount of retirement income allowed as a
subtraction modification by the amount of Social Security benefits
received; providing that the amount of the subtraction modification
may not exceed specified amounts during specified taxable years;
applying the Act to taxable years after December 31, 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
- 2/24
- First Reading House Rules and Executive Nominations
- 3/5
- Re-referred Ways and Means
- 3/6
- Hearing 3/20 at 1:00 p.m.
Senate Action
- No Action
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
)
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
