MD HB342 | 2020 | Regular Session
Note: Carry Foward to future HB733
Note: Carry Foward to future HB1453
Note: Carry Foward to future HB1453
Status
Spectrum: Partisan Bill (Republican 38-1)
Status: Introduced on January 20 2020 - 25% progression, died in committee
Action: 2020-01-24 - Hearing 2/14 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 20 2020 - 25% progression, died in committee
Action: 2020-01-24 - Hearing 2/14 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing certain individuals a subtraction modification under the Maryland income tax for a certain amount of income; establishing certain limits on the subtraction modification for certain taxable years; prohibiting income included in certain subtraction modifications from being included under the subtraction modification; etc.
Title
Retirement Tax Reduction Act of 2020
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-01-24 | House | Hearing 2/14 at 1:00 p.m. |
| 2020-01-20 | House | First Reading Ways and Means |
Same As/Similar To
HB342 (Carry Over) 2020-01-24 - Hearing 2/14 at 1:00 p.m.
HB342 (Carry Over) 2020-01-24 - Hearing 2/14 at 1:00 p.m.
SB278 (Crossfiled) 2020-01-28 - Hearing 2/05 at 2:00 p.m.
HB342 (Carry Over) 2020-01-24 - Hearing 2/14 at 1:00 p.m.
SB278 (Crossfiled) 2020-01-28 - Hearing 2/05 at 2:00 p.m.
Subjects
Comptroller
Elderly Persons
Exemptions
Income Tax
Retirement
Rules and Regulations
Social Security
Taxes - Income
Elderly Persons
Exemptions
Income Tax
Retirement
Rules and Regulations
Social Security
Taxes - Income
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 207 | (n/a) | See Bill Text |
| Tax - General | 10 | 209 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0342?ys=2020RS |
| Text | https://mgaleg.maryland.gov/2020RS/bills/hb/hb0342f.pdf |
