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MD SB717

MD SB717
Earned Income Tax Credit - Individuals Without Qualifying Children - Eligibility


summary

Introduced
02/03/2020
In Committee
02/03/2020
Crossed Over
Passed
Dead
03/18/2020

Introduced Session

2020 Regular Session

Bill Summary

Expanding the eligibility of the Maryland earned income tax credit to allow certain individuals without qualifying children to claim the credit; providing that the amount of the credit that may be claimed by certain individuals is adjusted for inflation each year; and applying the Act to taxable years beginning after December 31, 2019.

AI Summary

This bill expands the eligibility of the Maryland Earned Income Tax Credit (EITC) to allow certain individuals without qualifying children to claim the credit. The bill adjusts the amount of the credit that can be claimed by these individuals for inflation each year, starting in 2020. The bill applies to taxable years beginning after December 31, 2019.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Hearing 2/26 at 1:00 p.m. (on 02/10/2020)

bill text


bill summary

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bill summary

Document Type Source Location Created
State Bill Page http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0717?ys=2020RS 02/04/2020
BillText http://mgaleg.maryland.gov/2020RS/bills/sb/sb0717f.pdf 02/06/2020
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