MD HB499 | 2022 | Regular Session
Note: Carry Foward to future HB125
Note: Carry Over of previous HB61
Note: Carry Over of previous HB61
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-01-27 - Hearing 2/16 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-01-27 - Hearing 2/16 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Including income from certain retirement plans within a certain subtraction modification allowed under the Maryland income tax for certain individuals who are at least 65 years or who are disabled or whose spouse is disabled; altering the maximum amount of the subtraction modification beginning in taxable year 2022; providing that income included in certain subtraction modifications may not be taken into account for purposes of the subtraction modification for retirement income; etc.
Title
Income Tax - Subtraction Modification - Retirement Income
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-27 | House | Hearing 2/16 at 1:00 p.m. |
| 2022-01-21 | House | First Reading Ways and Means |
Same As/Similar To
HB499 (Carry Over) 2022-01-27 - Hearing 2/16 at 1:00 p.m.
HB61 (Carry Over) 2020-01-28 - Hearing 1/28 at 1:15 p.m.
HB61 (Carry Over) 2020-01-28 - Hearing 1/28 at 1:15 p.m.
Subjects
Disabilities
Elderly Persons
Emergency Services
Exemptions
Fire Protection
Income Tax
Law Enforcement
Rescue Squads
Retirement
Spouses
Taxes - Income
Elderly Persons
Emergency Services
Exemptions
Fire Protection
Income Tax
Law Enforcement
Rescue Squads
Retirement
Spouses
Taxes - Income
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 209 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0499?ys=2022RS |
| Text | https://mgaleg.maryland.gov/2022RS/bills/hb/hb0499f.pdf |
