1998 Regular Session


File Code: Income
Sponsored By:
Senators Neall, Boozer, Astle, Bromwell, Colburn, Craig, Della, Derr, Ferguson, Fry, Hafer, Hogan, Lawlah, Middlebrooks, Munson, Stoltzfus, and Middleton
Income Tax Reduction


Reducing the top marginal tax rate under the Maryland State income tax on individuals to 4.9% for tax year 1998, 4.8% for tax year 1999, 4.7% for tax year 2000, 4.6% for tax year 2001, and 4.5% for tax years after 2001; and reducing the maximum amount of a subtraction allowed for two-income married couples to specified amounts for tax years 1998 through 2001 and to $1,000 for tax years after 2001.

History by Legislative Date

Senate Action
First Reading Budget and Taxation
Hearing 2/25 at 1:30 p.m.
Unfavorable Report by Budget and Taxation
House Action
No Action
Sponsored by:
Senator Robert R. Neall, District 33
Senator John C. Astle, District 30
Senator F. Vernon Boozer, District 9
Senator Thomas L. Bromwell, District 8
Senator Richard F. Colburn, District 37
Senator David R. Craig, District 34
Senator George W. Della, Jr., District 47
Senator John W. Derr, District 3
Senator Timothy R. Ferguson, District 4
Senator Donald C. Fry, District 35
Senator John J. Hafer, District 1
Senator Patrick J. Hogan, District 39
Senator Gloria Gary Lawlah, District 26
Senator C. Edward Middlebrooks, District 32
Senator Thomas McLain Middleton, District 28
Senator Donald F. Munson, District 2
Senator J. Lowell Stoltzfus, District 38
Bill indexed under the following Subjects:
Bill affects the following Statutes:
Tax - General
( 10-105 , 10-207 )


Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered