SENATE BILL 790

Sponsored By:

Senators Mooney, Colburn, Ferguson, Hafer, Haines, Harris, Hogan, Hooper, Jacobs, Madden, McCabe, Roesser, and Stoltzfus

Entitled:

Constitutional Amendment - Rebate of Revenue Surplus to Individual Income Taxpayers

Synopsis:

Proposing an amendment to the Constitution of Maryland to require that General Fund revenues received for a fiscal year in excess of the estimate of those revenues at the beginning of the fiscal year be paid to individual income taxpayers in a specified manner; requiring the Comptroller to determine the percentage amount of payment that will distribute the excess to individual income taxpayers in a specified manner; requiring the Comptroller to mail payments to eligible individual income taxpayers; etc.

History by Legislative Date

Senate Action

2/9

First Reading Senate Rules

2/21

Re-referred Budget and Taxation

Hearing 3/21 at 1:30 p.m.

3/6

Hearing cancelled

Hearing 3/16 at 1:30 p.m.

3/22

Unfavorable Report by Budget and Taxation

House Action

No Action

Sponsored by:

Senator Alexander X. Mooney, District 3

Senator Richard F. Colburn, District 37

Senator Timothy R. Ferguson, District 4

Senator John J. Hafer, District 1

Senator Larry E. Haines, District 5

Senator Andrew P. Harris, District 9

Senator Patrick J. Hogan, District 39

Senator J. Robert Hooper, District 35

Senator Nancy Jacobs, District 34

Senator Martin G. Madden, District 13

Senator Christopher J. McCabe, District 14

Senator Jean W. Roesser, District 15

Senator J. Lowell Stoltzfus, District 38

Bill indexed under the following Subjects:

COMPTROLLER

CONSTITUTIONAL AMENDMENTS

INCOME TAX

POSTAL SERVICE

REFERENDUM

REPORTS

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

Bill affects the following Statute:

Article - III Legislative Department

( 52A )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered