---
type: "Bill"
title: "State Budget - Appropriations - Income Tax Revenue Estimate Cap and Revenue Stabilization Account"
description: "State Budget - Appropriations - Income Tax Revenue Estimate Cap and Revenue Stabilization Account"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2017"
identifier: "HB 503"
citation: "Maryland HB 503 (2017)"
classification: ["bill"]
subjects: ["Operating Budget", "Taxes - Income", "Appropriations", "Budgets", "Committees and Commissions", "Comptroller", "General Assembly", "Governor", "Income Tax", "Investments", "Legislation", "Public Schools", "Reports", "Revenue and Taxes", "Treasurers"]
status: "enacted"
primary_sponsors: ["McIntosh"]
version_count: 1
action_count: 14
vote_count: 2
first_action: "2017-01-27"
last_action: "2017-03-31"
source: "openstates"
source_identifier: "ocd-bill/a4cd7d81-b2d5-4002-b781-3e1f31d23dd5"
source_url: "http://mgaleg.maryland.gov/webmga/frmMain.aspx?id=HB503&stab=01&pid=billpage&tab=subject3&ys=2017rs"
source_hash: "3a624ad3afcad61e8fc062e09afb15f9d8f9f1c71068644acfd6add75957be47"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-md"]
---

# Maryland HB 503 (2017) — State Budget - Appropriations - Income Tax Revenue Estimate Cap and Revenue Stabilization Account

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Bill Text** (committee substitute) — [source](http://mgaleg.maryland.gov/2017RS/bills/hb/hb0503f.pdf)

## Votes

- Third Reading — **140–0** (pass) · legislature
- Third Reading — **46–0** (pass) · legislature

## Sponsors

- McIntosh — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-01-27** First Reading Appropriations `referral-committee`
- **2017-02-15** Hearing 3/03 at 1:00 p.m.
- **2017-03-18** Favorable with Amendments Report by Appropriations `committee-passage-favorable`
- **2017-03-18** Favorable with Amendments {444267/1 Report Adopted `committee-passage-favorable`
- **2017-03-18** Second Reading Passed with Amendments
- **2017-03-20** Third Reading Passed (140-0) `passage`
- **2017-03-20** First Reading Budget and Taxation `referral-committee`
- **2017-03-21** Hearing 3/23 at 1:00 p.m.
- **2017-03-24** Favorable Report by Budget and Taxation `committee-passage-favorable`
- **2017-03-24** Favorable Report Adopted `committee-passage-favorable`
- **2017-03-24** Second Reading Passed
- **2017-03-27** Third Reading Passed (46-0) `passage`
- **2017-03-27** Returned Passed
- **2017-03-31** Approved by the Governor - Chapter 4 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a4cd7d81-b2d5-4002-b781-3e1f31d23dd5`. Confidence: reported (aggregated from official Maryland legislature records).