- Income Tax - Subtraction Modification - Income From Retirement Plans
- Sponsored by
- Delegates Morgan, Buckel, Carozza, Clark, Corderman, Fisher, Folden, Kipke, McComas, Metzgar, Reilly, Rey, Rose, Shoemaker, Szeliga, and West
- In the House - Hearing 3/09 at 1:00 p.m.
- Fiscal and Policy Note
Providing a subtraction modification under the Maryland income tax under certain circumstances for certain retirement income of an individual who is at least 65 years old or totally disabled or whose spouse is totally disabled; providing for the calculation of the subtraction modification; requiring the Comptroller, for purposes of the calculation, to determine a certain maximum benefit; applying the Act to taxable years beginning after December 31, 2017; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2018
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Last Updated: 2/3/2020 2:32 PM