MD SB422 | 2018 | Regular Session
Status
Spectrum: Slight Partisan Bill (Democrat 24-9)
Status: Introduced on January 25 2018 - 25% progression, died in committee
Action: 2018-02-14 - Hearing 2/14 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 25 2018 - 25% progression, died in committee
Action: 2018-02-14 - Hearing 2/14 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Increasing to $100,000 for individuals and $150,000 for married couples filing jointly the maximum income limits on eligibility for a certain credit allowed against the State income tax for certain child and dependent care expenses; altering certain income levels above which a certain phase-out of the tax credit is required; and applying the Act to taxable years beginning after December 31, 2017.
Title
Income Tax - Credit for Child and Dependent Care Expenses - Income Eligibility
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-14 | Senate | Hearing 2/14 at 1:00 p.m. |
| 2018-01-25 | Senate | First Reading Budget and Taxation |
