2005 Regular Session

HOUSE BILL 1065

File Code: Taxes - Income
Sponsored By:
Delegates Cardin and Hixson
Entitled:
Corporate Income Tax - Single Sales Factor Apportionment - Reporting

Synopsis:

Extending requirements for reports to be provided by manufacturing corporations to the Comptroller and for reports by the Comptroller relating to the use of single sales factor apportionment to determine Maryland taxable income; authorizing the Comptroller to impose a penalty if a manufacturing corporation fails to file a specified report; etc.

History by Legislative Date

House Action
2/11
First Reading Ways and Means
2/16
Hearing 3/9 at 1:00 p.m.
3/21

Favorable with Amendments Report by Ways and Means
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/22
Third Reading Passed (134-1)
Senate Action
3/22
First Reading Budget and Taxation
3/28
Hearing 3/30 at 1:00 p.m.
4/6
Unfavorable Report by Budget and Taxation

Sponsored by:

Delegate Jon S. Cardin, District 11
Delegate Sheila E. Hixson, District 20

Bill indexed under the following Subjects:

BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
COMPTROLLER
CORPORATIONS -see also- MUNICIPAL CORPORATIONS
INCOME TAX
INDUSTRY AND TECHNOLOGY
INTERNATIONAL AFFAIRS -see also- FOREIGN TRADE
INTERSTATE AFFAIRS
NOTICES
PENALTIES
REPORTS

Bill affects the following Statute:

Tax - General
( 10-402 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
House
Number: 145967/01 (PDF)     Offered on: March 22, 2005   at: 12:56 p.m.     Status: Adopted
Roll Call Vote (Legislative date is shown):
House
March 22, 2005: Third Reading Passed (134-1)