Legislation

Title: Corporate Income Tax Returns of Publicly Traded Corporations - Reporting Requirement
Sponsored by: Delegate Charkoudian
Status: In the Senate - Hearing 3/29 at 1:00 p.m.
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Requiring the Comptroller to submit to the Governor and the General Assembly by December 31, 2023, and each December 31 thereafter a report that identifies for the immediately preceding taxable year the number of publicly traded corporations conducting a trade or business in another state that are required to file an income tax return under the Act and the number of publicly traded corporations identified as part of the report that paid no amount of State income tax.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Introduced in a prior session as: HB0330 Session: 2021 Regular Session

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2023

History

Legislation History
Chamber House Calendar Date 11/14/2022 Legislative Date 11/14/2022 Action Pre-filed Proceedings
Chamber House Calendar Date 1/11/2023 Legislative Date 1/11/2023 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Effective Corporate Tax Rate Transparency Act of 2023 Proceedings
Chamber House Calendar Date 1/16/2023 Legislative Date 1/16/2023 Action Hearing 2/02 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/06/2023 Legislative Date 3/06/2023 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/07/2023 Legislative Date 3/01/2023 Action Favorable with Amendments {173528/1 Adopted Proceedings 38 Click to view Recorded Media
Chamber House Calendar Date 3/07/2023 Legislative Date 3/01/2023 Action Motion Special Order until 3/8 (Delegate Fisher) Adopted Proceedings 38 Click to view Recorded Media
Chamber House Calendar Date 3/08/2023 Legislative Date 3/02/2023 Action Floor Amendment {853923/1 (Delegate Pippy) Rejected (37-97) Proceedings 39 Click to view Recorded Media
Chamber House Calendar Date 3/08/2023 Legislative Date 3/02/2023 Action Second Reading Passed with Amendments Proceedings 39 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Corporate Income Tax Returns of Publicly Traded Corporations - Reporting Requirement Proceedings
Chamber House Calendar Date 3/10/2023 Legislative Date 3/04/2023 Action Third Reading Passed (96-37) Proceedings 41 Click to view Recorded Media
Chamber Senate Calendar Date 3/13/2023 Legislative Date 3/04/2023 Action Referred Budget and Taxation Proceedings 41AClick to view Recorded Media
Chamber Senate Calendar Date 3/23/2023 Legislative Date 3/23/2023 Action Hearing 3/29 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	11/14/2022	11/14/2022	Pre-filed
House	1/11/2023	1/11/2023	First Reading Ways and Means
			Text - First - Effective Corporate Tax Rate Transparency Act of 2023
House	1/16/2023	1/16/2023	Hearing 2/02 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/06/2023	3/06/2023	Favorable with Amendments Report by Ways and Means
House	3/07/2023	3/01/2023	Favorable with Amendments {173528/1 Adopted	38 Click to view Recorded Media
House	3/07/2023	3/01/2023	Motion Special Order until 3/8 (Delegate Fisher) Adopted	38 Click to view Recorded Media
House	3/08/2023	3/02/2023	Floor Amendment {853923/1 (Delegate Pippy) Rejected (37-97)	39 Click to view Recorded Media
House	3/08/2023	3/02/2023	Second Reading Passed with Amendments	39 Click to view Recorded Media
			Text - Third - Corporate Income Tax Returns of Publicly Traded Corporations - Reporting Requirement
House	3/10/2023	3/04/2023	Third Reading Passed (96-37)	41 Click to view Recorded Media
Senate	3/13/2023	3/04/2023	Referred Budget and Taxation	41AClick to view Recorded Media
Senate	3/23/2023	3/23/2023	Hearing 3/29 at 1:00 p.m.

File Code

Subjects

Statutes