MD SB251 | 2022 | Regular Session

Note: Carry Over of previous SB287

Status

Spectrum: Slight Partisan Bill (Democrat 10-4)
Status: Engrossed on March 17 2022 - 50% progression, died in committee
Action: 2022-03-19 - Hearing 3/30 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Authorizing a subtraction modification under the Maryland income tax for the first $100,000 of income received during a taxable year by an individual who is at least 100 years old; and applying the Act to taxable years beginning after December 31, 2021.

Tracking Information

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Title

Income Tax - Subtraction Modification for Centenarians

Sponsors


Roll Calls

2022-03-17 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2022-03-19HouseHearing 3/30 at 1:00 p.m.
2022-03-18HouseReferred Ways and Means
2022-03-17SenateThird Reading Passed (46-0)
2022-03-16SenateSecond Reading Passed with Amendments
2022-03-16SenateFavorable with Amendments {643926/1 Adopted
2022-03-16SenateFavorable with Amendments Report by Budget and Taxation
2022-01-21SenateHearing 1/25 at 2:30 p.m.
2022-01-21SenateHearing canceled
2022-01-17SenateHearing 1/25 at 1:30 p.m.
2022-01-14SenateFirst Reading Budget and Taxation

Same As/Similar To

HB186 (Crossfiled) 2022-05-12 - Approved by the Governor - Chapter 291
SB287 (Carry Over) 2020-12-22 - Hearing 1/26 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Tax - General10207(n/a)See Bill Text

Maryland State Sources


Bill Comments

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