Legislation

Title: Corporate Income Tax - Single Sales Factor Apportionment
Sponsored by: The President (By Request - Maryland Economic Development and Business Climate Commission)
Status: In the Senate - Hearing 3/02 at 1:00 p.m.
Analysis: Fiscal and Policy Note

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, 2015; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB1252

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber Senate Calendar Date 2/08/2016 Legislative Date 2/05/2016 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/17/2016 Legislative Date 2/17/2016 Action Hearing 3/02 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/08/2016	2/05/2016	First Reading Budget and Taxation
Senate	2/17/2016	2/17/2016	Hearing 3/02 at 1:00 p.m.

Documents

Date Posted	Document Name
2/09/2016	Text - First - Corporate Income Tax - Single Sales Factor Apportionment

File Code

Subjects

Statutes