- Title
- Community Reinvestment and Repair Fund - Funding (Maryland Reparations Act of 2024)
- Sponsored by
- Senator Carter
- Status
- In the Senate - Hearing 2/14 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Requiring that a certain amount of revenue from the State individual income tax and Maryland estate tax be distributed to the Community Reinvestment and Repair Fund; altering the rates and rate brackets under the State income tax on certain income of individuals; providing for an additional State individual income tax rate on the net capital gains of individuals; altering a certain limit on the unified credit used for determining the Maryland estate tax; increasing the rate of the sales and use tax for cannabis from 9% to 14%; etc.
Committees
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2024
History
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File Code
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Subjects
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Statutes
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Last Updated: 4/15/2024 3:26 PM