HB1252

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Corporate Income Tax - Single Sales Factor Apportionment

Sponsored by:

Speaker

Status:

In the Senate - Hearing 3/30 at 1:30 p.m.


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, 2016; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:The Speaker (By Request - Maryland Economic Development and Business Climate Commission) and Delegates Beitzel, Frick, and Walker
Additional Facts:Cross-filed with: SB0842
Bill File Type: Regular
Effective Date(s): July 1, 2016
Committee(s):
Ways and Means  View Committee HearingBudget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Comptroller
Corporations -see also- Municipal Corps; Public Corps & Inst
Forms
Income Tax
Industry and Technology
Interstate Affairs
Personal Property
Real Property
Reports
Statutes:Article - Tax - General
(10-402)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


March 23, 2016 11:23 A.M.