Increasing the top marginal individual State income tax rate for tax years 2003 through 2005 to 6%, applicable to taxable income in excess of $100,000 for single individuals and applicable to taxable income in excess of $150,000 for joint returns, heads of households, and surviving spouses; requiring the Comptroller to issue new employer withholding tables reflecting the new rates and rate brackets; requiring the Comptroller to waive specified interest and penalty for tax year 2003; etc.

---

Sponsored by:

Delegate Howard P. Rawlings, District 40

Delegate Anne Healey, District 22

Bill indexed under the following Subjects:

COMPTROLLER

INCOME TAX

INTEREST

PENALTIES

PUBLICATIONS -see also- MARYLAND REGISTER

Bill affects the following Statutes:

Tax - General

( 10-105 , 10-105 )

Documents:

Bill Text: First Reading (RTF / PDF), Third Reading, Enrolled

Fiscal Note: Available (WORD / PDF)

Amendments: None offered