Income Tax - Subtraction Modification - Retirement Income
Sponsor: Robin L. Grammer, Jr. (District 6)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 1/28 at 1:15 p.m. (as of Nov 6, 2020)
What this bill does
Official synopsis
Including income from certain retirement plans within a certain subtraction modification allowed under the Maryland income tax for certain individuals who are at least a certain age or who are disabled or whose spouse is disabled; altering the maximum amount of the subtraction modification beginning in taxable year 2020; providing that income included in certain subtraction modifications may not be taken into account for purposes of the subtraction modification for retirement income; etc.
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Testimony (7)
MGA witness listFAV 4FavorableUNF 3Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Waldroff, Dale | Fraternal Order AA County Detention Center Officers and Personnel | Oral |
| FAV | boston, frank | state fop | Position only |
| FAV | Grammer, Delegate Robin | Individual | Position only |
| FAV | Sundell, Paul | Individual | Oral + Written (PDF) |
| UNF | Schumitz, Kalilobbyist | Maryland Center on Economic Policy | Written (PDF) |
| UNF | zwerling, samanthalobbyist | msea | Written (PDF) |
| UNF | levine, stuart | Individual | Written (PDF) |
Organizations on record
Registered lobbyists who testified
UNFSchumitz, KaliMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy