clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1996
Volume 794, Page 1144   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

Ch. 75

1996 LAWS OF MARYLAND

CHAPTER 75
(House Bill 1088)

AN ACT concerning

Unemployment Insurance - Withholding of Federal and State Income Tax

FOR the purpose of providing that unemployment insurance claimants may elect to have
federal income tax and State income tax withheld from unemployment insurance
benefits; providing that tax withholding of unemployment insurance benefits are
subordinate to certain other deductions; providing for the application of this Act;
and generally relating to the unemployment insurance law.

BY adding to

Article - Labor and Employment

Section 8-810

Annotated Code of Maryland

(1991 Volume and 1995 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Labor and Employment

8-810.

(A)     AN INDIVIDUAL FILING A NEW CLAIM FOR UNEMPLOYMENT INSURANCE
BENEFITS ESTABLISHING A NEW BENEFIT YEAR SHALL BE ADVISED OF THE
FOLLOWING, AT THE TIME OF FILING SUCH CLAIM:

(1)      UNEMPLOYMENT INSURANCE BENEFITS ARE SUBJECT TO FEDERAL,
STATE, AND LOCAL INCOME TAX;

(2)     REQUIREMENTS EXIST PERTAINING TO ESTIMATED TAX PAYMENTS;

(3)     THE INDIVIDUAL MAY ELECT TO HAVE THE SECRETARY DEDUCT
FEDERAL INCOME TAX FROM THE INDIVIDUAL'S PAYMENT OF UNEMPLOYMENT
INSURANCE BENEFITS AT THE AMOUNT SPECIFIED IN THE FEDERAL INTERNAL
REVENUE CODE;

(4)     THE INDIVIDUAL MAY ELECT TO HAVE THE SECRETARY DEDUCT
STATE INCOME TAX FROM THE INDIVIDUAL'S PAYMENT OF UNEMPLOYMENT
INSURANCE BENEFITS AT THE RATE OF SEVEN PERCENT; AND

(5)     THE INDIVIDUAL MAY CHANGE A PREVIOUSLY ELECTED
WITHHOLDING STATUS ONCE DURING EACH BENEFIT YEAR.

(B)     AMOUNTS DEDUCTED FROM UNEMPLOYMENT INSURANCE BENEFITS
PURSUANT TO THIS SECTION SHALL REMAIN IN THE UNEMPLOYMENT INSURANCE
FUND UNTIL TRANSFERRED TO THE APPROPRIATE TAXING AUTHORITY AS A
PAYMENT OF INCOME TAX.

- 1144 -

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1996
Volume 794, Page 1144   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  August 17, 2024
Maryland State Archives