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Original
Chamber
1st
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
3rd
Reading
Review in
Original Chamber
To Governor
Title
Income Tax - Subtraction Modification - Expenses of Medical Cannabis Grower, Processor, Dispensary, or Independent Testing Laboratory
Sponsored by
Senators Young and Feldman
Status
In the Senate - Hearing 1/22 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Allowing a subtraction modification under the Maryland income tax for amounts of ordinary and necessary expenses paid or incurred during the taxable year, including a reasonable allowance for salaries and certain other compensation, in carrying on a trade or business as a certain medical cannabis grower, processor, dispensary, or independent testing laboratory; applying the Act to taxable years beginning after December 31, 2019; etc.
Committees
Original:
Budget and Taxation  
Details
Introduced in a prior session as: SB0009 Session: 2019 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2020
History
Legislation History
Chamber
Senate
Calendar Date
1/10/2020
Legislative Date
1/10/2020
Action
First Reading Budget and Taxation
Proceedings
Chamber
Senate
Calendar Date
1/10/2020
Legislative Date
1/10/2020
Action
Hearing 1/22 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
Senate 1/10/2020 1/10/2020 First Reading Budget and Taxation
Text - First - Income Tax - Subtraction Modification - Expenses of Medical Cannabis Grower, Processor, Dispensary, or Independent Testing Laboratory
Senate 1/10/2020 1/10/2020 Hearing 1/22 at 1:00 p.m.
File Code
Subjects
Statutes
Last Updated: 1/22/2020 2:23 PM