MD SB11 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 10 2018 - 25% progression, died in chamber
Action: 2018-02-12 - Unfavorable Report by Budget and Taxation
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; altering the calculation of the subtraction modification; increasing the maximum amount of the subtraction modification allowed for certain taxable years; and prohibiting an individual from qualifying for the subtraction if the total income from all qualified plans for the taxable year exceeds $100,000.

Tracking Information

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Title

Income Tax - Subtraction Modification - Retirement Income

Sponsors


History

DateChamberAction
2018-02-12SenateUnfavorable Report by Budget and Taxation
2018-01-31SenateHearing 1/31 at 2:30 p.m.
2018-01-10SenateFirst Reading Budget and Taxation
2017-07-18SenatePre-filed

Subjects


Maryland State Sources


Bill Comments

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