File Code: Taxes - Income
- Sponsored By:
-
Senators Neall, Currie, Hogan, Kasemeyer, Middleton, Stoltzfus,
and Van Hollen
- Entitled:
-
Income Tax - Single Sales Factor Apportionment for Manufacturing
Corporations
Altering a formula used to apportion income to the State for specified
manufacturing corporations that carry on a trade or business in and
out of the State; requiring manufacturing corporations to submit
specified reports as a part of their income tax returns for specified
taxable years; applying the Act to tax years beginning after December
31, 2000; etc.
Senate Action
- 2/2
- First Reading Budget and Taxation
- 2/14
- Hearing 3/7 at 1:30 p.m.
- 3/26
- Favorable with Amendments Report by Budget and Taxation
- Favorable with Amendments
- Laid Over (Senator Pinsky) Adopted
- 3/27
- Favorable with Amendments Report Adopted
- Floor Amendment (Senator Pinsky) Rejected (9-35)
- Second Reading Passed with Amendments
- 3/28
- Third Reading Passed (43-0)
- 4/5
- Returned Passed
- 5/17
- Governor vetoed - Duplicative
House Action
- 3/25
- First Reading Ways and Means
- 3/29
- Hearing 4/4 at 1:00 p.m.
- 4/6
- Favorable Report by Ways and Means
- 4/1
- Favorable Report Adopted
- Second Reading Passed
- 4/2
- Third Reading Passed (137-2)
- Sponsored by:
- Senator Robert R. Neall, District 33
- Senator Ulysses Currie, District 25
- Senator Patrick J. Hogan, District 39
- Senator Edward J. Kasemeyer, District 12
- Senator Thomas M. Middleton, District 28
- Senator J. Lowell Stoltzfus, District 38
- Senator Christopher Van Hollen, Jr., District 18
- Bill indexed under the following Subjects:
- BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
- COMPTROLLER
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- INCOME TAX
- INDUSTRY AND TECHNOLOGY
- INTERSTATE AFFAIRS
- REPORTS
- RULES AND REGULATIONS
- Bill affects the following Statute:
- Tax - General
- (
10-402
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- Senate
- Number: 833729/1 (PDF) Offered on: March 27, 2001 at:
12:23 p.m. Status: Rejected
- Number: 849039/1 (PDF) Offered on: March 27, 2001 at:
12:22 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- Senate
- March 27, 2001: Floor Amendment (Pinsky) {833729/1 Rejected (9-35)
- March 28, 2001: Third Reading Passed (43-0)
- House
- April 2, 2001: Third Reading Passed (137-2)