Legislation

Title: Corporate Income Tax - Single Sales Factor Apportionment
Sponsored by: The Speaker (By Request - Maryland Economic Development and Business Climate Commission) and Delegates Beitzel, Frick, and Walker
Status: In the Senate - Hearing 3/30 at 1:30 p.m.
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Altering the formula used to apportion income to the State for corporations that carry on a trade or business in and out of the State; applying the Act to taxable years beginning after December 31, 2016; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: SB0842

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber House Calendar Date 2/11/2016 Legislative Date 2/12/2016 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/12/2016 Legislative Date 2/12/2016 Action Hearing 3/02 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/16/2016 Legislative Date 3/17/2016 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/17/2016 Legislative Date 3/15/2016 Action Favorable with Amendments {825864/1 Report Adopted Proceedings 47
Chamber House Calendar Date 3/17/2016 Legislative Date 3/15/2016 Action Special Order until 03/18 (Delegate Kipke) Adopted Proceedings 47
Chamber House Calendar Date 3/18/2016 Legislative Date 3/16/2016 Action Floor Amendment (Delegate B. Wilson) {673023/1 Rejected (50-87) Proceedings 48
Chamber House Calendar Date 3/18/2016 Legislative Date 3/16/2016 Action Floor Amendment (Delegate B. Wilson) {113328/1 Rejected (50-87) Proceedings 48
Chamber House Calendar Date 3/18/2016 Legislative Date 3/16/2016 Action Floor Amendment (Delegate O'Donnell) {873425/1 Rejected (54-77) Proceedings 48
Chamber House Calendar Date 3/18/2016 Legislative Date 3/16/2016 Action Second Reading Passed with Amendments Proceedings 48
Chamber House Calendar Date 3/21/2016 Legislative Date 3/19/2016 Action Third Reading Passed (88-47) Proceedings 51
Chamber Senate Calendar Date 3/22/2016 Legislative Date 3/20/2016 Action First Reading Budget and Taxation Proceedings 49
Chamber Senate Calendar Date 3/23/2016 Legislative Date 3/23/2016 Action Hearing 3/30 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/29/2016 Legislative Date 3/29/2016 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 3/29/2016 Legislative Date 3/29/2016 Action Hearing 3/30 at 1:30 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/11/2016	2/12/2016	First Reading Ways and Means
House	2/12/2016	2/12/2016	Hearing 3/02 at 1:00 p.m.
House	3/16/2016	3/17/2016	Favorable with Amendments Report by Ways and Means
House	3/17/2016	3/15/2016	Favorable with Amendments {825864/1 Report Adopted	47
House	3/17/2016	3/15/2016	Special Order until 03/18 (Delegate Kipke) Adopted	47
House	3/18/2016	3/16/2016	Floor Amendment (Delegate B. Wilson) {673023/1 Rejected (50-87)	48
House	3/18/2016	3/16/2016	Floor Amendment (Delegate B. Wilson) {113328/1 Rejected (50-87)	48
House	3/18/2016	3/16/2016	Floor Amendment (Delegate O'Donnell) {873425/1 Rejected (54-77)	48
House	3/18/2016	3/16/2016	Second Reading Passed with Amendments	48
House	3/21/2016	3/19/2016	Third Reading Passed (88-47)	51
Senate	3/22/2016	3/20/2016	First Reading Budget and Taxation	49
Senate	3/23/2016	3/23/2016	Hearing 3/30 at 1:00 p.m.
Senate	3/29/2016	3/29/2016	Hearing cancelled
Senate	3/29/2016	3/29/2016	Hearing 3/30 at 1:30 p.m.

Documents

Date Posted	Document Name
3/18/2016	Amendments House - (Delegate Wilson, B.) {113328/01 Rejected
3/18/2016	Amendments House - (Delegate Wilson, B.) {673023/01 Rejected
3/17/2016	Amendments House - (Ways and Means) {825864/01 Adopted
3/18/2016	Amendments House - (Delegate O'Donnell) {873425/01 Rejected
2/12/2016	Text - First - Corporate Income Tax - Single Sales Factor Apportionment
3/18/2016	Text - Third - Corporate Income Tax - Single Sales Factor Apportionment
3/17/2016	Vote - House - Committee - Ways and Means
3/16/2016	Vote - House Floor - Floor Amendment (B. Wilson) {673023/1 Rejected (50-87) - 03/16/16
3/16/2016	Vote - House Floor - Floor Amendment (B. Wilson) {113328/1 Rejected (50-87) - 03/16/16
3/16/2016	Vote - House Floor - Floor Amendment (O'Donnell) {873425/1 Rejected (54-77) - 03/16/16
3/19/2016	Vote - House Floor - Third Reading Passed (88-47) - 03/19/16

File Code

Subjects

Statutes