MD HB1070 | 2011 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on February 11 2011 - 25% progression, died in committee
Action: 2011-02-16 - Hearing 3/10 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Making permanent the income tax rate of 6.25% on Maryland taxable income of an individual in excess of $1,000,000; and applying the Act to all tax years beginning after December 31, 2010.

Tracking Information

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Title

Income Tax - Millionaires Tax - Sunset Repeal

Sponsors


History

DateChamberAction
2011-02-16 Hearing 3/10 at 1:00 p.m.
2011-02-11 First Reading Ways and Means

Subjects


Maryland State Sources


Bill Comments

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