Income Tax - Subtraction Modification for Centenarians
Sponsor: Delegate BrooksCommittee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 1/14 at 1:30 p.m. (as of Dec 1, 2021)
What this bill does
Official synopsis
Authorizing a subtraction modification under the Maryland income tax for up to $50,000 of income received during a taxable year by an individual who is at least 100 years old; and applying the Act to taxable years beginning after December 31, 2020.
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Testimony (4)
MGA witness listFAV 4Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Kalla, Karen | AARP Maryland | Oral + Written (PDF) |
| FAV | Kraska, MJ | Maryland Catholic Conference | Written (PDF) |
| FAV | Brooks, Benjamin | Individual | Written (PDF) |
| FAV | Delegate Brooks, Delegate Brookslegislator | Individual | Oral |