Search
Bill number does not exist. Enter a vaild keyword.

Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Corporate Income Tax - Combined Reporting
Sponsored by
Senators Pinsky, Elfreth, Guzzone, Kelley, Lam, Lee, Nathan-Pulliam, Rosapepe, Smith, Washington, and Young
Status
In the Senate - Hearing 2/20 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Requiring certain corporations to compute Maryland taxable income using a certain combined reporting method; authorizing certain corporations, subject to regulations adopted by the Comptroller, to determine certain income using a certain method; requiring, subject to regulations adopted by the Comptroller, certain groups of corporations to file a combined income tax return reflecting the aggregate income tax liability of all the members of the group; requiring the Comptroller to adopt certain regulations; etc.
Committees
Original:
Budget and Taxation  
Details
Bill File Type: Regular
Effective Date(s): July 1, 2019
History
Legislation History
Chamber
Senate
Calendar Date
1/31/2019
Legislative Date
1/31/2019
Action
First Reading Budget and Taxation
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Text - First - Corporate Income Tax - Combined Reporting
Proceedings
Chamber
Senate
Calendar Date
2/01/2019
Legislative Date
2/01/2019
Action
Hearing 2/20 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
Senate 1/31/2019 1/31/2019 First Reading Budget and Taxation
Text - First - Corporate Income Tax - Combined Reporting
Senate 2/01/2019 2/01/2019 Hearing 2/20 at 1:00 p.m.
File Code
Subjects
Statutes
(   10-402.1, 10-402.2, 10-811 )
Last Updated: 2/3/2020 2:33 PM