File Code: Taxes - Income
Prior Year Introduction As:
HB 669/09 - W&M
Crossfiled with: HOUSE BILL 581
- Sponsored By:
-
Senators Klausmeier, Kittleman, Astle, Colburn, Forehand, Garagiola,
Glassman, King, Middleton, and Peters
- Entitled:
-
Income Tax - Expensing of Business Property and Bonus Depreciation
Limiting to property placed in service before January 1, 2012, the
applicability of Maryland income tax modifications for specified
deductions for the cost of the property that is treated as an expense
for federal income tax purposes; limiting to property placed in
service before January 1, 2012, the applicability of Maryland income
tax modifications for a specified additional depreciation allowance
under the federal income tax for specified property; and applying the
Act to taxable years ending after December 31, 2011.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
Senate Action
- 2/3
- First Reading Budget and Taxation
- 2/8
- Hearing 3/13 at 1:00 p.m.
- 3/7
- Hearing cancelled
- Hearing 3/13 at 1:30 p.m.
House Action
- No Action
Sponsored by:
- Senator Katherine Klausmeier, District 8
- Senator John C. Astle, District 30
- Senator Richard F. Colburn, District 37
- Senator Jennie M. Forehand, District 17
- Senator Rob Garagiola, District 15
- Senator Barry Glassman, District 35
- Senator Nancy J. King, District 39
- Senator Allan H. Kittleman, District 9
- Senator Thomas M. Middleton, District 28
- Senator Douglas J. J. Peters, District 23
Bill indexed under the following Subjects:
- Corporations -see also- Municipal Corps; Public Corps & Inst
- Equipment -see also- Motor Vehicle Equipment
- Exemptions
- Income Tax
- Personal Property
Bill affects the following Statutes:
- Tax - General
- (
10-210.1
,
10-210.1
,
10-310
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
None offered
