MD SB209 | 2015 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Introduced on February 2 2015 - 25% progression, died in committee
Action: 2015-02-18 - Hearing 2/18 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2015 - 25% progression, died in committee
Action: 2015-02-18 - Hearing 2/18 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Increasing the maximum amount allowed as a subtraction modification under the State income tax for specified retirement income of an individual who is at least 70 years old or who is totally disabled; providing that the amount of the subtraction modification may not exceed specified amounts during specified taxable years; etc.
Title
Income Tax - Subtraction Modification - Retirement Income
Sponsors
| Sen. Ronald Young [D] | Sen. Joan Conway [D] | Sen. Ulysses Currie [D] | Sen. Guy Guzzone [D] |
| Sen. Michael Hough [R] | Sen. Karen Montgomery [D] | Sen. Victor Ramirez [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-02-18 | Senate | Hearing 2/18 at 1:00 p.m. |
| 2015-02-02 | Senate | First Reading Budget and Taxation |
