HOUSE BILL 1409

File Code: Taxes - Income

Sponsored By:

Delegate Cardin

Entitled:

Income Tax - Deduction for Qualified Production Activities Income - Funding for Voter Verification Process

Synopsis:

Requiring a Maryland income tax addition modification for the federal income tax deduction allowed for qualified production activities income; requiring the Comptroller for fiscal 2006 through 2008 to distribute the additional corporate income tax revenues resulting from the addition modification to a special fund, to be used only to implement specified voting system requirements; making a part of the Act contingent on another Act; terminating part of the Act; applying the Act to tax years after 2004; etc.

History by Legislative Date

House Action

2/18

First Reading House Rules and Executive Nominations

3/3

Re-referred Ways and Means

3/9

Hearing 3/24 at 1:00 p.m.

Senate Action

No Action

Bill indexed under the following Subjects:

BALLOTS

CORPORATIONS -see also- MUNICIPAL CORPORATIONS

EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT

EXEMPTIONS

FEDERAL GOVERNMENT

INCOME TAX

SUNSET

VOTING -see also- BALLOTS; ELECTIONS

Bill affects the following Statutes:

Tax - General

( 2-613.1 , 10-204 , 10-204 , 10-305 , 10-305 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered