Select a different bill



HB 1129 - Fairness in Taxation for Retirees Act
Login to post your comments

Tracking Level: No Position
Sponsor: Delegate Susan W. Krebs, District 9B
Last Action: 2/15/2012 - H Hearing 3/9 at 1:00 p.m.
House Committee: House Committee on Ways and Means
Assigned To:
AndreaNext Bill
Taxes and RevenuesNext Bill

Staff Analysis of the Legislation


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text
BILL INFO-2012 Regular Session-HB 1129
2012 Regular Session

HOUSE BILL 1129

File Code: Taxes - Income
Sponsored By:
Delegates Krebs and Walker
Entitled:
Fairness in Taxation for Retirees Act

Synopsis:

Including income from specified retirement plans within a subtraction modification allowed under the Maryland income tax for retired individuals who are at least 65 years old or who are disabled or whose spouse is disabled; applying the Act to taxable years beginning after December 31, 2011; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
House Action
2/10
First Reading Ways and Means
2/15
Hearing 3/9 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Susan W. Krebs, District 9B
Delegate Jay Walker, District 26

Bill indexed under the following Subjects:

Disabilities -see also- Blind; Deaf; Developmental
Elderly Persons
Exemptions
Income Tax
Retirement Systems -see also- Mandatory Retirement

Bill affects the following Statute:

Tax - General
( 10-209 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered