File Code: Taxes - Income
Crossfiled with: SENATE BILL 100
- Sponsored By:
-
Delegates Krebs, Aumann, Bates, Boutin, Eckardt, Edwards, Frank,
Impallaria, Jameson, McComas, McDonough, McMillan, Miller, Minnick,
Myers, Shank, Shewell, Sossi, Trueschler, Weir, and Wood
- Entitled:
-
Income Tax - Expensing of Section 179 Property
Limiting to property placed in service before January 1, 2005 the
applicability of modifications to federal adjusted gross income of an
individual or federal taxable income of a corporation for Maryland
income tax purposes to reflect the determination of the maximum
aggregate costs that a taxpayer may treat as an expense under Section
179 of the Internal Revenue Code for any taxable year without regard
to the changes made to that section by the federal Jobs and Growth
Reconciliation Act of 2003 for federal income tax purposes; etc.
House Action
- 1/27
- First Reading Ways and Means
- 2/2
- Hearing 2/16 at 1:00 p.m.
- 2/9
- Hearing cancelled
- Hearing 2/23 at 1:00 p.m.
- 3/14
- Unfavorable Report by Ways and Means
Senate Action
- No Action
Sponsored by:
- Delegate Susan W. Krebs, District 9B
- Delegate Susan L. M. Aumann, District 42
- Delegate Gail H. Bates, District 9A
- Delegate Charles R. Boutin, District 34A
- Delegate Adelaide C. Eckardt, District 37B
- Delegate George C. Edwards, District 1A
- Delegate William J. Frank, District 42
- Delegate Rick Impallaria, District 7
- Delegate Sally Jameson, District 28
- Delegate Susan K. McComas, District 35B
- Delegate Pat McDonough, District 7
- Delegate Herb McMillan, District 30
- Delegate Warren E. Miller, District 9A
- Delegate Joseph J. Minnick, District 6
- Delegate LeRoy E. Myers, Jr., District 1C
- Delegate Christopher B. Shank, District 2B
- Delegate Tanya T. Shewell, District 5A
- Delegate Richard A. Sossi, District 36
- Delegate John G. Trueschler, District 42
- Delegate Michael H. Weir, Jr., District 6
- Delegate John F. Wood, Jr., District 29A
Bill indexed under the following Subjects:
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
- EXEMPTIONS
- FEDERAL GOVERNMENT
- INCOME TAX
- PERSONAL PROPERTY
- REAL PROPERTY
Bill affects the following Statutes:
- Tax - General
- (
10-210.1 ,
10-310
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered
