File Code: Taxes - Income
- Sponsored By:
-
Delegates Bates, Boteler, Dwyer, Eckardt, George, Holmes, Kipke, McComas,
McDonough, Miller, Myers, Shewell, Sophocleus, Sossi, and Wood
- Entitled:
-
Maryland Economic Stimulus Act - Expensing of Business Property and Bonus
Depreciation
Limiting to property placed in service before January 1, 2009, the
applicability of Maryland income tax modifications for specified
deductions for the cost of specified property treated as an expense
for federal income tax purposes; limiting to property placed in
service before January 1, 2009, the applicability of Maryland income
tax modifications for a specified additional depreciation allowance
under the federal income tax for specified property; and applying the
Act to tax years ending after December 31, 2008.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
House Action
- 2/9
- First Reading Ways and Means
- 2/11
- Hearing 3/5 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate Gail H. Bates, District 9A
- Delegate Joseph C. Boteler, III, District 8
- Delegate Don H. Dwyer, Jr., District 31
- Delegate Adelaide C. Eckardt, District 37B
- Delegate Ron George, District 30
- Delegate Marvin E. Holmes, Jr., District 23B
- Delegate Nicholaus R. Kipke, District 31
- Delegate Susan K. McComas, District 35B
- Delegate Pat McDonough, District 7
- Delegate Warren E. Miller, District 9A
- Delegate LeRoy E. Myers, Jr., District 1C
- Delegate Tanya T. Shewell, District 5A
- Delegate Theodore Sophocleus, District 32
- Delegate Richard A. Sossi, District 36
- Delegate John F. Wood, Jr., District 29A
Bill indexed under the following Subjects:
- Corporations -see also- Municipal Corps; Public Corps & Inst
- Equipment -see also- Motor Vehicle Equipment
- Exemptions
- Income Tax
- Personal 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