Joe McNamara
- Republican
- Delegate
- District 40
Primary
Income tax; standard deduction. Increases the standard deduction, starting with taxable year 2022, from $4,500 to $9,000 for single filers and from $9,000 to $18,000 for married filers (one-half of such amount in the case of a married individual filing a separate return). The increase would remain in effect until taxable year 2026, when the standard deduction is scheduled to be reduced to $3,000 for single filers and to $6,000 for married filers.
Income tax; standard deduction. Increasesthe standard deduction, starting with taxable year 2022, from $4,500to $9,000 for single filers and from $9,000 to $18,000 for married filers (one-half of such amount in the case of a married individualfiling a separate return). The increase would remain in effect fortaxable years 2026 and after, when, under current law, the standard deduction is scheduled to be reduced to $3,000 for single filersand to $6,000 for married filers.
Continued to 2023 in Finance and Appropriations (11-Y 3-N 1-A)
Impact statement from TAX (HB472H1)
Referred to Committee on Finance and Appropriations
Constitutional reading dispensed
Read third time and passed House (52-Y 48-N)
VOTE: Passage (52-Y 48-N)
Committee substitute agreed to 22105245D-H1
Engrossed by House - committee substitute HB472H1
Read second time
Read first time
Reported from Appropriations (10-Y 8-N)
House committee, floor amendments and substitutes offered
Referred to Committee on Appropriations
Reported from Finance with substitute (11-Y 10-N)
Committee substitute printed 22105245D-H1
House committee, floor amendments and substitutes offered
Assigned Finance sub: Subcommittee #1
Impact statement from TAX (HB472)
Referred to Committee on Finance
Prefiled and ordered printed; offered 01/12/22 22100741D
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/12/22 22100741D | PDF HTML |
| Committee substitute printed 22105245D-H1 | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: HB472FH1161.PDF | |
| Fiscal Impact Statement: HB472F161.PDF |
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