MD SB644 | 2020 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 3 2020 - 25% progression, died in committee
Action: 2020-02-10 - Hearing 2/19 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 3 2020 - 25% progression, died in committee
Action: 2020-02-10 - Hearing 2/19 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establishing an income tax checkoff for voluntary contributions to The Blueprint for Maryland's Future Fund; requiring the Comptroller to include a checkoff on the individual income tax return; requiring the Comptroller to collect and account for contributions made through the checkoff and to credit the proceeds to the Fund after deducting the amount necessary to administer the checkoff; applying the Act to taxable years beginning after December 31, 2019; etc.
Title
Income Tax Checkoff - The Blueprint for Maryland's Future Fund
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-02-10 | Senate | Hearing 2/19 at 1:00 p.m. |
2020-02-10 | Senate | Hearing canceled |
2020-02-06 | Senate | Hearing 2/19 at 2:00 p.m. |
2020-02-03 | Senate | First Reading Budget and Taxation |
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Education | 5 | 219 | (n/a) | See Bill Text |
Tax - General | 10 | 804 | (n/a) | See Bill Text |
Tax - General | 2 | 116 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0644?ys=2020RS |
Text | https://mgaleg.maryland.gov/2020RS/bills/sb/sb0644f.pdf |