Income Tax - Alteration of Brackets and Rates (Economic Prosperity Act of 2024)
Sponsor: Paul D. Corderman (District 2)Committee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 2/21 at 1:00 p.m. (as of Nov 13, 2024)
What this bill does
Official synopsis
Altering the rates and rate brackets under the State income tax on certain income of individuals; and applying the Act to all taxable years beginning after December 31, 2023.
AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (4)
MGA witness listFAV 3FavorableUNF 1Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Corderman, Paul | Maryland General Assembly | Oral + Written (PDF) |
| FAV | Rosa, Richard | Individual | Position only |
| FAV | Senator Corderman, Senator Cordermanlegislator | Individual | Oral |
| UNF | Meyer, Christopherlobbyist | Maryland Center on Economic Policy | Position only |
Organizations on record
Registered lobbyists who testified
UNFMeyer, ChristopherMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy
