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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
Effective Corporate Tax Rate Transparency Act of 2020
Sponsored by
Delegates Palakovich Carr, Korman, Feldmark, Mosby, Smith, and Wilkins
Status
In the House - Hearing 2/25 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Requiring a publicly traded corporation that is required to file a Maryland income tax return to attach a statement identifying the corporation's effective tax rate and an explanation of the calculation of the effective tax rate; requiring that the statement be made under oath, signed in a certain manner, subject to audit by the Comptroller, and treated as confidential taxpayer information; requiring the Comptroller to submit a certain report to the Governor and the General Assembly by March 1 each year; etc.
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2020
Legislation History
Chamber
House
Calendar Date
2/06/2020
Legislative Date
2/06/2020
Action
First Reading Ways and Means
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Text - First - Effective Corporate Tax Rate Transparency Act of 2020
Proceedings
Chamber
House
Calendar Date
2/10/2020
Legislative Date
2/10/2020
Action
Hearing 2/25 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/06/2020 2/06/2020 First Reading Ways and Means
Text - First - Effective Corporate Tax Rate Transparency Act of 2020
House 2/10/2020 2/10/2020 Hearing 2/25 at 1:00 p.m.
(   10-804, 10-804.2 )
Last Updated: 9/22/2020 2:19 PM
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