Maryland Senate Bill 48 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2013 - 25% progression, died in chamber
Action: 2013-02-06 - Unfavorable Report by Budget and Taxation
Text: Latest bill text (Introduced) [PDF]

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; reducing the maximum amount of retirement income allowed as a subtraction modification by the amount of Social Security benefits received; providing that the amount of the subtraction modification may not exceed specified amounts during specified taxable years; applying the Act to taxable years after December 31, 2012; etc.

Income Tax - Subtraction Modification - Retirement Income

Sen. Ronald Young [D]

Date	Chamber	Action
2013-02-06	Senate	Unfavorable Report by Budget and Taxation
2013-01-30	Senate	Hearing 1/30 at 3:00 p.m.
2013-01-23	Senate	Hearing cancelled
2013-01-30	Senate	Hearing 1/30 at 2:00 p.m.
2013-01-09	Senate	First Reading Budget and Taxation
2012-08-31	Senate	Pre-filed

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0048?ys=2013rs
Text	https://mgaleg.maryland.gov/2013RS/bills/sb/sb0048f.pdf
Supplement	https://mgaleg.maryland.gov/2013RS/fnotes/bil_0008/sb0048.pdf
Supplement	https://mgaleg.maryland.gov/2013RS/votes_comm/sb0048_b&t.pdf