SENATE BILL 316

Sponsored By:

Senator Green

Entitled:

Income Tax - Subtraction Modification for Adoption Expenses

Synopsis:

Increasing the maximum amounts allowed as a subtraction modification under the income tax for specified expenses incurred by adoptive parents in the adoption of a child who is a Maryland resident at the time of adoption, from $3,000 to $6,000 for a child determined to be a child with a special need and from $2,000 to $5,000 for a child without a special need; and applying the Act to tax years after 1999.

History by Legislative Date

Senate Action

2/1

First Reading Budget and Taxation

2/2

Hearing 2/23 at 1:30 p.m.

3/29

Favorable with Amendments Report by Budget and Taxation

3/30

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/31

Third Reading Passed (47-0)

4/7

Returned Passed

5/18

Signed by the Governor Chapter 517

House Action

3/29

First Reading Ways and Means

3/31

Hearing 4/5 at 1:00 p.m.

4/8

Favorable Report by Ways and Means

4/5

Favorable Report Adopted

Second Reading Passed

4/6

Third Reading Passed (136-0)

Bill indexed under the following Subjects:

ADOPTION

EXEMPTIONS

INCOME TAX

Bill affects the following Statute:

Tax - General

( 10-208 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 339639/1 (PDF)     Offered on: March 30, 2000   at: 11:38 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

March 31, 2000: Third Reading Passed (47-0)

House

April 6, 2000: Third Reading Passed (136-0)