File Code: Taxes - Income
- Sponsored By:
-
Senators Young and McFadden
- Entitled:
-
Income Tax - Deductions for Home Mortgage Interest and Charitable
Contributions
Providing that, notwithstanding any change in federal law after
January 1, 1996, for Maryland income tax purposes an individual who
elects to itemize deductions is allowed to include deductions for
residential home mortgage interest and charitable contributions as
allowed under the Internal Revenue Code in effect on January 1, 1996.
Senate Action
- 1/31
- First Reading Budget and Taxation
- 2/28
- Hearing 3/15 at 12:00 p.m.
- 3/6
- Hearing cancelled
- Hearing 3/15 at 2:00 p.m.
- 3/20
- Unfavorable Report by Budget and Taxation
House Action
- No Action
- Sponsored by:
- Senator Larry Young, District 44
- Senator Nathaniel J. McFadden, District 45
- Bill indexed under the following Subjects:
- EXEMPTIONS
- GIFTS
- INCOME TAX
- INTEREST
- MORTGAGES
- Bill affects the following Statute:
- Tax - General
- (
10-218
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
None available
