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Key Votes

SB 46 - Computer Services Sales Tax Repeal and Other Tax Adjustments - Key Vote

Maryland Key Votes

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Legislation - Signed (Executive) -

Title: Computer Services Sales Tax Repeal and Other Tax Adjustments

Legislation - Bill Passed (House) (93-44) - (Key vote)

Title: Computer Services Sales Tax Repeal and Other Tax Adjustments

Vote Smart's Synopsis:

Vote to pass a bill that repeals the six percent sales tax on certain computer services and establishes a higher income tax bracket for taxpayers with incomes in excess of $1 million.

Highlights:
- Exempts from sales tax custom computer services and programs that are designed to be used by a specific person and not mass produced for use by the general public or persons using it in their trade, profession, or industry [sec. 2 (11-219) (b)]. - Establishes the following income tax brackets for taxpayers with incomes in excess of $500,000 for the years 2007 through 2010 [sec. 2 (10-105) (a) (3) (II)]:
    - 5.5 percent of taxable income of $500,001 through $1,000,000 (unchanged); and - 6.25 percent of taxable income in excess of $1,000,000.
- Requires the Comptroller to appropriate the following percentage of total sales tax revenue into the Transportation Fund after making certain appropriations [sec. 1 (2-1302) (2)]:
    - 5.3 percent for each fiscal year before July 1, 2013 (down from 6.5 percent); and - 6.5 percent for each fiscal year beginning on or after July 1, 2013.
- Specifies that it is the intent of the legislature that the Governor reduce expenditures to the Board of Public Works by $50 million for fiscal year 2009 (Sec. 5).
Legislation - Bill Passed (Senate) (30-17) - (Key vote)

Title: Computer Services Sales Tax Repeal and Other Tax Adjustments

Vote Smart's Synopsis:

Vote to pass a bill that repeals the six percent sales tax on certain computer services and establishes a higher income tax bracket for taxpayers with incomes in excess of $1 million.

Highlights:
- Exempts from sales tax custom computer services and programs that are designed to be used by a specific person and not mass produced for use by the general public or persons using it in their trade, profession, or industry [sec. 2 (11-219) (b)]. - Establishes the following income tax brackets for taxpayers with incomes in excess of $500,000 for the years 2007 through 2010 [sec. 2 (10-105) (a) (3) (II)]:
    - 5.5 percent of taxable income of $500,001 through $1,000,000 (unchanged); and - 6.25 percent of taxable income in excess of $1,000,000.
- Requires the Comptroller to appropriate the following percentage of total sales tax revenue into the Transportation Fund after making certain appropriations [sec. 1 (2-1302) (2)]:
    - 5.3 percent for each fiscal year before July 1, 2013 (down from 6.5 percent); and - 6.5 percent for each fiscal year beginning on or after July 1, 2013.
- Specifies that it is the intent of the legislature that the Governor reduce expenditures to the Board of Public Works by $50 million for fiscal year 2009 (Sec. 5).
Legislation - Introduced (Senate) -

Title: Computer Services Sales Tax Repeal and Other Tax Adjustments

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