summary
Introduced
02/06/2017
02/06/2017
In Committee
02/06/2017
02/06/2017
Crossed Over
Passed
Dead
04/10/2017
04/10/2017
Introduced Session
2017 Regular Session
Bill Summary
Reducing the State income tax rates imposed on married couples filing a joint income tax return and for specified individuals with income between $150,000 and $500,000; increasing the amount allowed as a deduction for specified exemptions for married couples and specified individuals; and applying the Act to taxable years beginning after December 31, 2016.
AI Summary
This bill reduces the state income tax rates for married couples filing joint returns and certain individuals with income between $150,000 and $500,000. It increases the amount allowed as a deduction for specified exemptions for married couples and individuals. The bill applies to taxable years beginning after December 31, 2016.
Committee Categories
Budget and Finance
Sponsors (14)
Kathy Szeliga (R)*,
Kathryn Afzali (R),
Jason Buckel (R),
William Folden (R),
Kevin Hornberger (R),
Nic Kipke (R),
Susan Krebs (R),
Michael Malone (R),
Johnny Mautz (R),
Susan McComas (R),
Matt Morgan (R),
April Rose (R),
Haven Shoemaker (R),
Brett Wilson (R),
Last Action
Hearing 3/08 at 1:00 p.m. (on 03/08/2017)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0934?ys=2017rs |
| State Bill Page | http://mgaleg.maryland.gov/webmga/frmMain.aspx?id=hb0934&stab=01&pid=billpage&tab=subject3&ys=2017rs |
| Fiscal Note/Analysis | http://mgaleg.maryland.gov/2017RS/fnotes/bil_0004/hb0934.pdf |
| BillText | http://mgaleg.maryland.gov/2017RS/bills/hb/hb0934f.pdf |
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