MD SB299 | 2016 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on January 22 2016 - 25% progression, died in committee
Action: 2016-02-10 - Hearing 2/10 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 22 2016 - 25% progression, died in committee
Action: 2016-02-10 - Hearing 2/10 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Including income from specified retirement plans within a subtraction modification allowed under the Maryland income tax for retired individuals who are at least 65 years old or who are disabled or whose spouse is disabled; applying the Act to taxable years beginning after December 31, 2015; etc.
Title
Income Tax Subtraction Modification - Retirement Income (Fairness in Taxation for Retirees Act)
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-02-10 | Senate | Hearing 2/10 at 1:00 p.m. |
2016-01-22 | Senate | First Reading Budget and Taxation |