SB0034

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Corporations and Business Entities - Filing Fees and Combined Reporting

Sponsored by:

Senator Young

Status:

In the Senate - Hearing 1/27 at 1:00 p.m.


Synopsis:Prohibiting the State Department of Assessments and Taxation from imposing a fee for the filing of specified documents by corporations or business entities with 10 or fewer employees; requiring specified corporations to compute Maryland taxable income using a specified combined reporting method; requiring the Comptroller to report to the General Assembly, on or before March 31 of each calendar year, an estimate of the total additional revenue to be collected as a result of the specified requirement; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Young
Additional Facts:Cross-filed with: HB1419
Introduced in a prior session as: SB0670 Session: 2015 Regular Session
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2016
Committee(s):
Budget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Income
Corporations and Associations
Narrow Subject(s):Assessments and Taxation, Department of
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Comptroller
Corporations -see also- Municipal Corps; Public Corps & Inst
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Foreign Trade -see also- International Affairs
Income Tax
Interstate Affairs
Reports
Rules and Regulations
Small Business
Statutes:Article - Corporations and Associations
(1-203)
Article - Tax - General
(10-811, 10-402.1, 10-402.2)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

February 12, 2016 5:44 A.M.