MD SB165 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Republican 8-0)
Status: Introduced on January 15 2018 - 25% progression, died in committee
Action: 2018-01-31 - Hearing 1/31 at 2:30 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 15 2018 - 25% progression, died in committee
Action: 2018-01-31 - Hearing 1/31 at 2:30 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the State individual income tax rate to be 3.9% for individuals or spouses filing joint returns with federal adjusted gross income in excess of $30,000; and applying the Act to taxable years beginning after December 31, 2018.
Title
Income Tax - Flat Tax
Sponsors
Sen. Andrew Serafini [R] | Sen. George Edwards [R] | Sen. Stephen Hershey [R] | Sen. Michael Hough [R] |
Sen. J.B. Jennings [R] | Sen. Edward Reilly [R] | Sen. Johnny Salling [R] | Sen. Stephen Waugh [R] |
History
Date | Chamber | Action |
---|---|---|
2018-01-31 | Senate | Hearing 1/31 at 2:30 p.m. |
2018-01-15 | Senate | First Reading Budget and Taxation |