2001 Regular Session

HOUSE BILL 11

CHAPTER NUMBER: 633 File Code: Taxes - Income
Sponsored By:
Delegates Taylor, Dewberry, Hurson, Arnick, Busch, Doory, Guns, Harrison, Howard, Kopp, Montague, Owings, Rawlings, Rosenberg, Vallario, Wood, Barve, Bozman, Burns, Cadden, Cane, Clagett, Cole, Conway, D'Amato, DeCarlo, Donoghue, Finifter, Giannetti, Goldwater, Hammen, Hecht, Hubers, James, Kirk, Krysiak, Love, Moe, Ports, Riley, Rosso, Rudolph, Stern, and Weir
Entitled:
Income Tax - Single Sales Factor Apportionment for Manufacturing Corporations

Synopsis:

Altering a formula used to apportion income to the State for manufacturing corporations that carry on a trade or business in and out of the State; requiring manufacturing corporations to submit specified reports and certify specified facts as part of their income tax returns; requiring the Comptroller to prepare and submit a report on the use of single sales factor apportionment by manufacturing corporations to the Governor and the General Assembly; etc.

History by Legislative Date

House Action
11/15
Pre-filed
1/10
First Reading Ways and Means
1/24
Hearing 2/6 at 11:00 a.m.
3/22
Favorable with Amendments Report by Ways and Means
3/19
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/20
Third Reading Passed (130-6)
4/1
Returned Passed
5/18
Signed by the Governor Chapter 633
Senate Action
3/26
First Reading Budget and Taxation
4/3
Favorable Report by Budget and Taxation
4/1
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (46-0)
Sponsored by:
Delegate Casper R. Taylor, Jr., District 1C
Delegate John S. Arnick, District 7
Delegate Kumar P. Barve, District 17
Delegate K. Bennett Bozman, District 38
Delegate Emmett C. Burns, Jr., District 10
Delegate Michael E. Busch, District 30
Delegate Joan Cadden, District 31
Delegate Rudolph C. Cane, District 37A
Delegate Virginia P. Clagett, District 30
Delegate William H. Cole, IV, District 47A
Delegate Norman H. Conway, District 38
Delegate C. Richard D'Amato, District 30
Delegate Diane DeCarlo, District 6
Delegate Thomas E. Dewberry, District 47B
Delegate John P. Donoghue, District 2C
Delegate Ann Marie Doory, District 43
Delegate Michael J. Finifter, District 11
Delegate John A. Giannetti, Jr., District 13B
Delegate Marilyn R. Goldwater, District 16
Delegate Ronald A. Guns, District 36
Delegate Peter A. Hammen, District 46
Delegate Hattie N. Harrison, District 45
Delegate C. Sue Hecht, District 3
Delegate Carolyn J. B. Howard, District 24
Delegate Nancy M. Hubers, District 6
Delegate John A. Hurson, District 18
Delegate Mary-Dulany James, District 34
Delegate Ruth M. Kirk, District 44
Delegate Nancy K. Kopp, District 16
Delegate Carolyn J. Krysiak, District 46
Delegate Mary Ann E. Love, District 32
Delegate Brian R. Moe, District 21
Delegate Kenneth C. Montague, Jr., District 43
Delegate George W. Owings, III, District 27B
Delegate James F. Ports, Jr., District 8
Delegate Howard P. Rawlings, District 40
Delegate B. Daniel Riley, District 34
Delegate Samuel I. Rosenberg, District 42
Delegate Mary M. Rosso, District 31
Delegate David D. Rudolph, District 35B
Delegate Joan F. Stern, District 39
Delegate Joseph F. Vallario, Jr., District 27A
Delegate Michael H. Weir, District 6
Delegate John F. Wood, Jr., District 29A
Bill indexed under the following Subjects:
BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
COMPTROLLER
CORPORATIONS -see also- MUNICIPAL CORPORATIONS
INCOME TAX
INDUSTRY AND TECHNOLOGY
REPORTS
RULES AND REGULATIONS
Bill affects the following Statute:
Tax - General
( 10-402 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 045365/1 (PDF)     Offered on: March 22, 2001   at: 10:32 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 20, 2001: Third Reading Passed (130-6)
Senate
April 2, 2001: Third Reading Passed (46-0)