2007 Regular Session


File Code: Taxes - Income Crossfiled with: HOUSE BILL 223
Sponsored By:
Senators Madaleno, Britt, Colburn, Exum, Frosh, Garagiola, Lenett, McFadden, Peters, Pinsky, Pugh, Raskin, Rosapepe, and Stone
Income Tax - Earned Income Credit - Refundable Amount


Increasing from 20% to 25% the percentage of the federal earned income credit used for determining the amount that an individual with one or more dependents may claim as a refundable credit under the Maryland earned income credit; altering the calculation of the optional refundable county earned income credit; applying the Act to tax years beginning after December 31, 2006; etc.

History by Legislative and Calendar Date

Senate Action
First Reading Budget and Taxation
Hearing 2/28 at 1:00 p.m.
Unfavorable Report by Budget and Taxation
House Action
No Action

Sponsored by:

Senator Richard S. Madaleno, Jr., District 18
Senator Gwendolyn Britt, District 47
Senator Richard F. Colburn, District 37
Senator Nathaniel Exum, District 24
Senator Brian E. Frosh, District 16
Senator Rob Garagiola, District 15
Senator Mike Lenett, District 19
Senator Nathaniel J. McFadden, District 45
Senator Douglas J. J. Peters, District 23
Senator Paul G. Pinsky, District 22
Senator Catherine E. Pugh, District 40
Senator Jamie Raskin, District 20
Senator Jim Rosapepe, District 21
Senator Norman R. Stone, Jr., District 6

Bill indexed under the following Subjects:

Counties -see also- Chartered Counties; Code Counties
Income Tax
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General
( 10-704 )


Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered