MD SB160 | 2010 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: Introduced on January 19 2010 - 25% progression, died in chamber
Action: 2010-03-09 - Unfavorable Report by Budget and Taxation
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 19 2010 - 25% progression, died in chamber
Action: 2010-03-09 - Unfavorable Report by Budget and Taxation
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a subtraction modification under the State income tax for an individual's federal income tax liability, as reduced by specified credits; limiting the subtraction modification, for a taxpayer filing an individual return, to $500, $1,500, and $3,000 for tax years 2010, 2011, and 2012 and beyond, respectively; limiting the subtraction modification, for a taxpayer filing a joint return, to $1,000, $3,000, and $6,000 for tax years 2010, 2011, and 2012 and beyond, respectively; etc.
Title
Triple Tax Relief Act
Sponsors
| Sen. Larry Haines [R] | Sen. Nancy Jacobs [R] | Sen. Allan Kittleman [R] | Sen. Alexander Mooney [R] |
| Sen. Edward Reilly [R] | Sen. Bryan Simonaire [R] | Sen. Norman Stone [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-03-09 | Unfavorable Report by Budget and Taxation | |
| 2010-01-26 | Hearing 2/2 at 1:30 p.m. | |
| 2010-01-26 | Hearing cancelled | |
| 2010-01-20 | Hearing 2/2 at 1:00 p.m. | |
| 2010-01-19 | First Reading Budget and Taxation |
Subjects
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2010rs/billfile/SB0160.htm |
| Text | http://mlis.state.md.us/2010rs/bills/sb/sb0160f.pdf |
