SB0670

2013 Regular Session

 

Entitled:

Corporate Income Tax - Rate Reduction

Sponsored by:

Senator Kittleman

Status:

In the Senate - Hearing 3/08 at 1:00 p.m.


Synopsis:Decreasing the State income tax rate for a corporation from 8.25% to 0% of Maryland taxable income; and applying the Act to taxable years beginning after December 31, 2012.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Kittleman and Edwards
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2013
Committee(s):
Budget and Taxation  Listen to 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 24, 2017 1:09 P.M.