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]
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.
Title
Income Tax Credit - Holocaust Survivors
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-03-01 | House | Hearing 3/01 at 1:00 p.m. |
2016-02-11 | House | First Reading Ways and Means |
Subjects
Comptroller
Discrimination
Ethnic Affairs
Historical Matters
Income Tax
Religion
Retirement Systems
Rules and Regulations
Tax Credits
Taxes - Income
Victims
Discrimination
Ethnic Affairs
Historical Matters
Income Tax
Religion
Retirement Systems
Rules and Regulations
Tax Credits
Taxes - Income
Victims