MD SB523 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 29 2018 - 25% progression, died in committee
Action: 2018-02-21 - Hearing 2/21 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 29 2018 - 25% progression, died in committee
Action: 2018-02-21 - Hearing 2/21 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Including income from retirement plans qualified under certain laws of a foreign government within a certain subtraction modification allowed under the Maryland income tax only if it is attributable to work performed within the United States in collaboration with the United States Government for certain individuals who are at least 65 years of age or who are disabled or whose spouse is disabled; applying the Act to taxable years beginning after December 31, 2017; etc.
Title
Income Tax - Subtraction Modification - Foreign Government Employer-Sponsored Retirement Plans
Sponsors
| Sen. Susan Lee [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-21 | Senate | Hearing 2/21 at 1:00 p.m. |
| 2018-01-29 | Senate | First Reading Budget and Taxation |
Subjects
Disabilities
Exemptions
Foreign Ownership
Income Tax
Retirement Systems
Spouses
Taxes - Income
Work, Labor and Employment
Exemptions
Foreign Ownership
Income Tax
Retirement Systems
Spouses
Taxes - Income
Work, Labor and Employment
