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H.B. 1154 VETOES
10-105.
(a) The State income tax rate for an individual is:
(1) 2% of Maryland taxable income of $1 through $1,000;
(2) 3% of Maryland taxable income of $1,001 through $2,000;
(3) 4% of Maryland taxable income of $2,001 through $3,000; and
(4) [5%] 4.9% of Maryland taxable income in excess of $3,000.
10-106.
(a) (1) Each county shall set, by ordinance or resolution, a county income tax
equal to at least 20% but not more than 60%, to be applied to the State income tax for an
individual, MODIFIED AS PROVIDED UNDER SUBSECTION (D) OF THIS SECTION.
(D) FOR PURPOSES OF CALCULATING THE COUNTY INCOME TAX, THE STATE
INCOME TAX SHALL BE DETERMINED BY:
(1) USING A STATE TAX RATE OF 5% INSTEAD OF 4.9% FOR MARYLAND
TAXABLE INCOME IN EXCESS OF $3,000; AND
(2) ALLOWING $1,200 INSTEAD OF $2,000 FOR EACH EXEMPTION
ALLOWED UNDER § 10-211(1) AND (2) OF THIS TITLE.
10-211.
Whether or not a federal return is filed, to determine Maryland taxable income, an
individual other than a fiduciary may deduct as an exemption:
(1) [$1,200] $2,000 for each exemption that the individual may deduct in the
taxable year to determine federal taxable income under § 151 of the Internal Revenue
Code;
(2) an additional [$1,200] $2,000 for each dependent, as defined in § 152 of
the Internal Revenue Code, who is at least 65 years old on the last day of the taxable year;
(3) an additional $1,000 if the individual, on the last day of the taxable year,
is at least 65 years old; and
(4) an additional $1,000 if the individual, on the last day of the taxable year,
is a blind individual, as described in § 10-208(c) of this subtitle.
SECTION 3. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:
Article—Tax—General
10-604.
An individual shall compute the county income tax by applying the county tax rate
to the State income tax computed under § 10-601 or § 10-602 of this subtitle[,] ;
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