File Code: Taxes - Income
Crossfiled with: HOUSE BILL 223
- Sponsored By:
-
Senators Madaleno, Britt, Colburn, Exum, Frosh, Garagiola, Lenett,
McFadden, Peters, Pinsky, Pugh, Raskin, Rosapepe, and Stone
- Entitled:
-
Income Tax - Earned Income Credit - Refundable Amount
Increasing from 20% to 25% the percentage of the federal earned income
credit used for determining the amount that an individual with one or
more dependents may claim as a refundable credit under the Maryland
earned income credit; altering the calculation of the optional
refundable county earned income credit; applying the Act to tax years
beginning after December 31, 2006; etc.
Senate Action
- 2/2
- First Reading Budget and Taxation
- 2/7
- Hearing 2/28 at 1:00 p.m.
- 3/12
- Unfavorable Report by Budget and Taxation
House Action
- No Action
Sponsored by:
- Senator Richard S. Madaleno, Jr., District 18
- Senator Gwendolyn Britt, District 47
- Senator Richard F. Colburn, District 37
- Senator Nathaniel Exum, District 24
- Senator Brian E. Frosh, District 16
- Senator Rob Garagiola, District 15
- Senator Mike Lenett, District 19
- Senator Nathaniel J. McFadden, District 45
- Senator Douglas J. J. Peters, District 23
- Senator Paul G. Pinsky, District 22
- Senator Catherine E. Pugh, District 40
- Senator Jamie Raskin, District 20
- Senator Jim Rosapepe, District 21
- Senator Norman R. Stone, Jr., District 6
Bill indexed under the following Subjects:
- Counties -see also- Chartered Counties; Code Counties
- Income Tax
- Tax Credits -see also- Circuit Breaker
Bill affects the following Statute:
- Tax - General
- (
10-704
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered
