2008 Regular Session

SENATE BILL 444

CHAPTER NUMBER: 177
File Code: Taxes - Income Crossfiled with: HOUSE BILL 664
Sponsored By:
Senators King, Currie, DeGrange, Edwards, Forehand, Garagiola, Jones, Kasemeyer, Kramer, Madaleno, Munson, Peters, Raskin, Robey, and Stoltzfus
Entitled:
Corporate Income Tax - Reporting and Study

Synopsis:

Altering the membership of the Maryland Business Tax Reform Commission; limiting to specified taxable years a requirement for specified corporations engaged in manufacturing to submit specified reports as part of their income tax returns; altering a definition and repealing definitions; altering reporting requirements and limiting reporting requirements to taxable years beginning before January 1, 2011; repealing penalty provisions and authorizing the Comptroller to develop and implement a penalty system; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
Senate Action
1/31
First Reading Budget and Taxation
2/27
Hearing 3/12 at 2:00 p.m.
3/20
Favorable with Amendments Report by Budget and Taxation
Favorable with Amendments
Laid Over (Senator Pinsky) Adopted
3/21
Favorable with Amendments Report Adopted
Floor Amendment (Budget and Taxation) Adopted
Second Reading Passed with Amendments
3/22
Third Reading Passed (47-0)
3/31
Returned Passed
House Action
3/22
First Reading Ways and Means
3/26
Hearing 4/1 at 1:00 p.m.
4/2
Favorable Report by Ways and Means
3/27
Favorable Report Adopted
Second Reading Passed
3/28
Third Reading Passed (140-1)
Action after passage in Senate and House
4/24
Approved by the Governor
- Chapter 177

Sponsored by:

Senator Nancy J. King, District 39
Senator Ulysses Currie, District 25
Senator James E. DeGrange, Sr., District 32
Senator George C. Edwards, District 1
Senator Jennie M. Forehand, District 17
Senator Rob Garagiola, District 15
Senator Verna L. Jones, District 44
Senator Edward J. Kasemeyer, District 12
Senator Rona E. Kramer, District 14
Senator Richard S. Madaleno, Jr., District 18
Senator Donald F. Munson, District 2
Senator Douglas J. J. Peters, District 23
Senator Jamie Raskin, District 20
Senator James N. Robey, District 13
Senator J. Lowell Stoltzfus, District 38

Bill indexed under the following Subjects:

Committees and Commissions -see also- Political Committees
Comptroller
Corporations -see also- Municipal Corps; Public Corps & Inst
Income Tax
Penalties
Privacy
Reports

Bill affects the following Statutes:

Tax - General
( 10-110 , 10-402 , 10-804 , 10-804.1 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
Senate
Number: 579238/01     Offered on: March 21, 2008   at: 10:07 a.m.     Status: Adopted
Number: 769730/01     Offered on: March 21, 2008   at: 10:07 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 22, 2008: Third Reading Passed (47-0)
House
March 28, 2008: Third Reading Passed (140-1)