SB0842

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Corporate Income Tax - Single Sales Factor Apportionment

Sponsored by:

President

Status:

In the Senate - Hearing 3/02 at 1:00 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, 2015; etc.
Analysis:Fiscal and Policy Note
All Sponsors:The President (By Request - Maryland Economic Development and Business Climate Commission)
Additional Facts:Cross-filed with: HB1252
Bill File Type: Regular
Effective Date(s): July 1, 2016
Committee(s):
Budget 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 2, 2016 3:35 P.M.