Legislation

Title: Income Tax – Subtraction Modification – Expenses of Medical Cannabis Grower, Processor, or Dispensary
Sponsored by: Delegates Queen, Brooks, Conaway, Fennell, Glenn, Holmes, Sample-Hughes, Sydnor, and K. Young
Status: In the House - Hearing 2/28 at 1:00 p.m. (Ways and Means)
Analysis: Fiscal and Policy Note

Synopsis

Allowing a subtraction modification under the Maryland income tax for certain expenses paid or incurred during the taxable year in carrying on a trade or business as a certain medical cannabis grower, processor, or dispensary; and applying the Act to taxable years beginning after December 31, 2017.

Committees

Original:: Ways and Means; Health and Government Operations

Details

Cross-filed with: SB0037

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber House Calendar Date 2/02/2018 Legislative Date 2/02/2018 Action First Reading Ways and Means and Health and Government Operations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax – Subtraction Modification – Expenses of Medical Cannabis Grower, Processor, or Dispensary Proceedings
Chamber House Calendar Date 2/08/2018 Legislative Date 2/08/2018 Action Hearing 2/28 at 1:00 p.m. (Ways and Means) Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/02/2018	2/02/2018	First Reading Ways and Means and Health and Government Operations
			Text - First - Income Tax – Subtraction Modification – Expenses of Medical Cannabis Grower, Processor, or Dispensary
House	2/08/2018	2/08/2018	Hearing 2/28 at 1:00 p.m. (Ways and Means)

File Code

Subjects

Statutes