HOUSE BILL 1420

Sponsored By:

Delegates Hixson and Barve

Entitled:

Individual Income Tax - Rates

Synopsis:

Altering rates and rate brackets under the Maryland income tax on individuals; repealing a Maryland income tax subtraction modification for specified income of spouses filing joint returns; altering the calculation of the rate of specified taxes and withholding required under specified circumstances; applying the Act to tax years after 2007; etc.

History by Legislative and Calendar Date

House Action

3/6

First Reading House Rules and Executive Nominations

Motion Rules Suspended for late introduction (Delegate Hixson) Adopted (133-4)

Referred House Rules and Executive Nominations

3/12

Re-referred Ways and Means

3/14

Hearing 3/21 at 1:00 p.m.

Senate Action

No Action

Sponsored by:

Delegate Sheila E. Hixson, District 20

Delegate Kumar P. Barve, District 17

Bill indexed under the following Subjects:

Corporations -see also- Municipal Corps; Public Corps & Inst

Exemptions

Gaming -see also- Bingo; Lottery; Raffles

Income Tax

Nonresidents -see also- Aliens

Partnerships

Real Property

Recordation

Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Bill affects the following Statutes:

Tax - General

( 10-102.1 , 10-105 , 10-207 , 10-908 , 10-912 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered

Roll Call Vote (Legislative date is shown):

House

March 6, 2007: Motion Rules Suspended for late introduction (Hixson) Adopted (133-4)