SB0195

Find a 2018 Bill:

2018 Regular Session

 

Entitled:

Business Relief and Tax Fairness Act of 2018

Sponsored by:

Senator Pinsky

Status:

In the Senate - Hearing 1/24 at 2:15 p.m.


Synopsis:Prohibiting the State Department of Assessments and Taxation from imposing a fee for the filing of certain documents by corporations or business entities with 10 or fewer employees; requiring certain corporations to compute Maryland taxable income using a certain combined reporting method; requiring, subject to certain regulations, certain groups of corporations to file a combined income tax return reflecting the aggregate income tax liability of all the members of the group; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Pinsky, Benson, Conway, Guzzone, Kagan, Kelley, Lee, Madaleno, Manno, Muse, Nathan-Pulliam, Ramirez, Robinson, Rosapepe, Smith, Young, and Zucker
Additional Facts:Cross-filed with: HB0566
Introduced in a prior session as: SB0357 Session: 2017 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2018
Committee(s):
Budget and Taxation  View Committee Hearing
Broad Subject(s):Corporations and Associations
Taxes - Income
Narrow Subject(s):Assessments and Taxation, Department of
Committees and Commissions -see also- Political Committees
Comptroller
Corporations -see also- Municipal Corps; Public Corps & Inst
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Liability -see also- Good Samaritan
Reports
Rules and Regulations
Small Business
Statutes:Article - Corporations and Associations
(1-203)
Article - Tax - General
(10-811, 10-402.1, 10-402.2)

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Explanation of Floor Motions and Actions


January 27, 2018 5:46 A.M.