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Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Retirement Tax Reduction Act of 2022
Sponsored by
Senators Hershey and Elfreth
Status
In the Senate - Hearing 2/23 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Allowing individuals with less than $100,000 of federal adjusted gross income a subtraction modification under the Maryland income tax if the individual is receiving old age or survivor Social Security benefits or is at least 65 years old and not employed full-time; providing that the subtraction modification may not include income that is included under another subtraction modification; etc.
Committee Testimony
Details
Cross-filed with: HB1453
Bill File Type: Regular
Effective Date(s): July 1, 2022
Legislation History
Chamber
Senate
Calendar Date
1/21/2022
Legislative Date
1/21/2022
Action
First Reading Budget and Taxation
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Text - First - Retirement Tax Reduction Act of 2022
Proceedings
Chamber
Senate
Calendar Date
1/31/2022
Legislative Date
1/31/2022
Action
Hearing 2/23 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
Senate 1/21/2022 1/21/2022 First Reading Budget and Taxation
Text - First - Retirement Tax Reduction Act of 2022
Senate 1/31/2022 1/31/2022 Hearing 2/23 at 1:00 p.m.
Last Updated: 7/8/2022 2:53 PM
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