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)