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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
Income Tax - Expensing of Business Property and Bonus Depreciation
Sponsored by
Senators Klausmeier, Kittleman, Brinkley, Colburn, Dyson, Edwards, Garagiola, Glassman, Kasemeyer, Manno, Mathias, Montgomery, Ramirez, and Young
Status
In the Senate - Hearing 3/05 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Limiting to property placed in service before January 1, 2013, the applicability of Maryland income tax modifications for specified deductions for the cost of business property that is treated as an expense for federal income tax purposes; limiting to property placed in service before January 1, 2013, the applicability of Maryland income tax modifications for a specified additional depreciation allowance under the federal income tax for specified business property; etc.
Committees
Details
Cross-filed with: HB0157
Introduced in a prior session as: SB0653 Session: 2012 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2013
Legislation History
Chamber
Senate
Calendar Date
1/29/2013
Legislative Date
1/30/2013
Action
First Reading Budget and Taxation
Proceedings
Chamber
Senate
Calendar Date
2/13/2013
Legislative Date
2/13/2013
Action
Hearing 3/05 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
Senate 1/29/2013 1/30/2013 First Reading Budget and Taxation
Senate 2/13/2013 2/13/2013 Hearing 3/05 at 1:00 p.m.
(   10-210.1, 10-310 )
Last Updated: 2/3/2020 2:27 PM
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