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Session Laws, 1996
Volume 794, Page 2415   View pdf image
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PARRIS N. GLENDENING, Governor

Ch. 351

(2)     For income from self-employment, rent, royalties, proprietorship of a
business, or joint ownership of a partnership or closely held corporation, "actual income"
means gross receipts minus ordinary and necessary expenses required to produce income.

(3)     "Actual income" includes:
(i) salaries;

(ii) wages;

(iii) commissions;

(iv) bonuses;

(v) dividend income;

(vi) pension income;

(vii) interest income;

(viii) trust income;

(ix) annuity income;

(x) Social Security benefits;

(xi) workers' compensation benefits;

(xii) unemployment insurance benefits;

(xiii) disability insurance benefits;

(xiv) alimony or maintenance received; and

(xv) expense reimbursements or in-kind payments received by a parent
in the course of employment, self-employment, or operation of a business to the extent
the reimbursements or payments reduce the parent's personal living expenses.

(4) Based on the circumstances of the case, the court may consider the
following items as actual income:

(i)     severance pay;

(ii)    capital gains;

(iii)   gifts; or

(iv)   prizes.

(5) "Actual income" does not include benefits received from means-tested
public assistance programs, including [Aid to Families with Dependent Children,]
TEMPORARY CASH ASSISTANCE Supplemental Security Income, food stamps, and
[General Public Assistance] TRANSITIONAL EMERGENCY, MEDICAL, AND HOUSING
ASSISTANCE.

(d) "Adjusted actual income" means actual income minus:

- 2415 -

 

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Session Laws, 1996
Volume 794, Page 2415   View pdf image
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