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]
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.
Title
Income Tax - Millionaires Tax - Sunset Repeal
Sponsors
Del. Ben Barnes [D] | Sen. Jill Carter [D] | Del. Cheryl Glenn [D] | Del. Carolyn Howard [D] |
Del. Tom Hucker [D] | Del. Jolene Ivey [D] | Del. Doyle Niemann [D] | Sen. Nathaniel Oaks [D] |
Del. Justin Ross [D] |
History
Date | Chamber | Action |
---|---|---|
2011-02-16 | Hearing 3/10 at 1:00 p.m. | |
2011-02-11 | First Reading Ways and Means |
Subjects
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2011rs/billfile/HB1070.htm |
Text | http://mlis.state.md.us/2011rs/bills/hb/hb1070f.pdf |