File Code: Taxes - Income
- Sponsored By:
-
Delegate Flanagan
- Entitled:
-
General Fund Surplus - Return to Taxpayers
Requiring the Governor to report to the General Assembly and the
Comptroller by September 1 of each year as to actual general revenues,
expenditures, the balance for the preceding fiscal year, and the
balance in the Revenue Stabilization Fund as of the end of the fiscal
year; requiring a general fund surplus, as defined, to be returned to
individual income taxpayers by means of a State income tax credit
calculated on an applicable percentage determined by the Comptroller
under specified circumstances; etc.
House Action
- 3/17
- First Reading House Rules and Executive Nominations
- Motion Rules Suspended for late introduction (Delegate Flanagan) Adopted (101-23)
- Referred House Rules and Executive Nominations
Senate Action
- No Action
- Bill indexed under the following Subjects:
- BUDGETS -see also- CAPITAL BUDGETS
- GOVERNOR
- INCOME TAX
- REPORTS
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statute:
- Tax - General
- (
10-718
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Not available at this time
- Amendments:
None offered
- Roll Call Vote (Legislative date is shown):
- House
- March 17, 2000: Motion Rules Suspended for late introduction (Flanagan) Adopted (101-23)
