File Code: Income
- Sponsored By:
-
Delegate Beck
- Entitled:
-
Income Tax - Elderly Taxpayers
Providing a subtraction modification under the Maryland income tax for
the first $50,000 of Maryland adjusted gross income of an individual
if the individual, of either spouse in the case of a married couple
filing a joint income tax return, is at least 80 years old on the last
day of the taxable year and has paid Maryland income taxes for each of
5 consecutive taxable years immediately preceding the taxable year;
and applying the Act to taxable years after 1996.
House Action
- 1/30
- First Reading Ways and Means
- 2/12
- Hearing 2/25 at 1:00 p.m.
- 2/13
- Hearing cancelled
- 2/19
- Hearing 3/4 at 1:00 p.m.
- 3/10
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Bill indexed under the following Subjects:
- ELDERLY PERSONS
- EXEMPTIONS
- INCOME TAX
- Bill affects the following Statutes:
- Tax - General
- (
10-207 ,
10-207
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
