MD SB735 | 2016 | Regular Session
Status
Spectrum: Strong Partisan Bill (Republican 10-1)
Status: Introduced on February 5 2016 - 25% progression, died in committee
Action: 2016-03-16 - Hearing 3/16 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2016 - 25% progression, died in committee
Action: 2016-03-16 - Hearing 3/16 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the State individual income tax rate to 3.9% for individuals or spouses filing joint returns with federal adjusted gross income in excess of $30,000; and applying the Act to taxable years beginning after December 31, 2016.
Title
Income Tax - Flat Tax
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-03-16 | Senate | Hearing 3/16 at 1:00 p.m. |
| 2016-02-05 | Senate | First Reading Budget and Taxation |
