Ch. 2

LAWS OF MARYLAND

In subsection (m)(l) and (2) of this section, the
reference to a retirement "account" is substituted for
the former references to a "plan", for clarity.

In subsection (m)(l) of this section, the reference to
a Keogh Plan under "Subchapter D of the Internal
Revenue Code" is substituted for the former reference
to the "Self-Employed Individuals Tax Retirement Act
of 1962, Public Law 82-792, as amended", for clarity.

In subsection (m)(2)(i) of this section, the reference
to Keogh funds "contributed by an individual before
1967" is added to identify the money clearly. Before
Maryland adopted the federal income tax law in 1967,
contributions to a Keogh Plan were taxed before being
deposited in the Plan. Since 1967, similar
contributions have not been taxed before contribution.
Since the law currently taxes similar contributions
when they are withdrawn, this subtraction avoids
double taxation of pre-1967 contributions.

Also in subsection (m)(2)(i) of this section, the
reference to a contribution for which "the individual
was not allowed a deduction" is substituted for the
former reference to a contribution "on which State
income taxes were paid under the applicable State
law", to identify clearly the allowable source of the
contribution.

In subsection (m)(2)(ii) of this section, the phrase
"under the applicable State law" is deleted as
surplusage.

In subsection (t) of this section, the defined term
"state" is substituted for the former references to
"the State of Maryland", "any other state", and "the
District of Columbia", for brevity.

In subsection (v)(2) of this section, the former
reference to calculations "based upon the standard
mileage rate provided in § 162 of the Internal Revenue
Code" is deleted as included in the reference to
"expenses ... allowed under § 170 of the Internal
Revenue Code", since recent amendments to the Internal
Revenue Code state a mileage rate in § 170(f).

In subsection (w) of this section, the cross-reference
to "§ 51 of the Internal Revenue Code" is added for
clarity.

Also in subsection (w) of this section, the reference
to "§ 280C(a) of the Internal Revenue Code" is
substituted for the former, erroneous reference to "§
28C(a)".

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