MD HB1050 | 2016 | Regular Session

Status

Spectrum: Slight Partisan Bill (Democrat 22-8)
Status: Introduced on February 11 2016 - 25% progression, died in committee
Action: 2016-03-01 - Hearing 3/01 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allowing an individual who is a Holocaust survivor to claim a credit against the State income tax of $2,000 for an individual and $4,000 for a married couple if both are holocaust survivors; providing that the credit may not be claimed by a taxpayer with retirement income that exceeds $100,000; providing that the credit may not be carried forward to another taxable year; requiring the Comptroller to adopt specified regulations; applying the Act to all taxable years beginning after December 31, 2015; etc.

Tracking Information

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Title

Income Tax Credit - Holocaust Survivors

Sponsors


History

DateChamberAction
2016-03-01HouseHearing 3/01 at 1:00 p.m.
2016-02-11HouseFirst Reading Ways and Means

Subjects


Maryland State Sources


Bill Comments

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