- Title
- Opportunity Zone Tax Deduction Reform Act of 2021
- Sponsored by
- Delegate Palakovich Carr
- Status
- In the House - Hearing 1/21 at 1:30 p.m.
- Analysis
Synopsis
Requiring certain taxpayers to add a certain deduction for gains from sales or exchanges of qualified opportunity zone property back to federal adjusted gross income to determine Maryland adjusted gross income; requiring certain taxpayers to add a certain deduction for gains from sales or exchanges of qualified opportunity zone property back to federal adjusted gross income to determine Maryland modified income; applying the Act to taxable years beginning after December 31, 2020; etc.
Committees
- Original:
- Ways and Means
Details
Statutes
Last Updated: 1/12/2021 2:13 PM