File Code: Taxes - Income
- Sponsored By:
-
Delegate Heller
- Entitled:
-
Income Tax - Subtraction Modification for Teachers' Retirement Income
Providing an income tax subtraction modification for 100% of
retirement income received by an individual that is attributable to
employment as a public school teacher in the State; providing that
retirement income that is included in the subtraction may not be taken
into account for purposes of a specified income tax subtraction
modification for individuals who are at least a certain age or who are
disabled or have disabled spouses; applying the Act to tax years after
2005; etc.
House Action
- 2/2
- First Reading Ways and Means
- 3/1
- Hearing 3/17 at 1:00 p.m.
Senate Action
- No Action
Bill indexed under the following Subjects:
- EXEMPTIONS
- INCOME TAX
- PUBLIC SCHOOLS
- RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
- TEACHERS
Bill affects the following Statutes:
- Tax - General
- (
10-207 ,
10-207 ,
10-209
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered
