HB0261

2013 Regular Session

 

Entitled:

Corporate Income Tax - Rate Reduction

Sponsored by:

Delegate Schulz

Status:

In the House - Hearing 2/26 at 1:00 p.m.


Synopsis:Reducing the State corporate income tax rate from 8.25% to 6% for taxable years after tax year 2012.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Schulz, Afzali, Aumann, Bates, Beitzel, Cluster, Eckardt, Fisher, Frank, George, Haddaway-Riccio, Hershey, Hogan, Hough, Jacobs, Krebs, McComas, McDermott, W. Miller, Norman, Otto, Ready, Schuh, Serafini, Smigiel, Stocksdale, and Vitale
Additional Facts:Cross-filed with: SB0034
Bill File Type: Regular
Effective Date(s): July 1, 2013
Committee(s):
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Corporations -see also- Municipal Corps; Public Corps & Inst
Income Tax
Statutes:Article - Tax - General
(10-105)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 29, 2013 9:19 P.M.