File Code: Taxes - Income
Prior Year Introduction As: SB 100/05
- Sponsored By:
-
Senator Greenip
- Entitled:
-
Income Tax - Expensing of Section 179 Property
Limiting to property placed in service before January 1, 2007, the
applicability of modifications to federal adjusted gross income of an
individual or federal taxable income of a corporation for Maryland
income tax purposes to reflect the determination of the maximum
aggregate costs that a taxpayer may treat as an expense under Section
179 of the Internal Revenue Code for any taxable year without regard
to the changes made to that section; etc.
Senate Action
- 2/7
- First Reading Senate Rules
- 2/16
- Re-referred Budget and Taxation
- 2/28
- Hearing 3/20 at 1:00 p.m.
- 3/2
- Hearing cancelled
- Hearing 3/22 at 1:00 p.m.
- 3/12
- Hearing cancelled
- Hearing 3/23 at 1:00 p.m.
- 4/2
- Unfavorable Report by Budget and Taxation
House Action
- No Action
Bill indexed under the following Subjects:
- Corporations -see also- Municipal Corps; Public Corps & Inst
- Equipment -see also- Motor Vehicle Equipment
- Exemptions
- Federal Government
- Income Tax
- Personal Property
- Real Property
Bill affects the following Statutes:
- Tax - General
- (
10-210.1 ,
10-310
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered