Legislation
- Title
- Income Tax - Depreciation Modification - First-Year Depreciation
- Sponsored by
- Delegates Barve, Branch, and A. Miller
- Status
- In the House - Withdrawn by Sponsor
- Analysis
- Fiscal and Policy Note
Synopsis
Altering the calculation of a Maryland income tax modification for depreciation of property to provide an additional allowance equal to 100% of the adjusted basis of the property for the taxable year the property is placed in service; and applying the Act to taxable years beginning on or after December 31, 2013.
Committees
- Original:
- Ways and Means
Details
Bill File Type: Regular
Effective Date(s): July 1, 2014
History
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Documents
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Date Posted | Document Name |
---|---|
2/07/2014 | Text - First - Income Tax - Depreciation Modification - First-Year Depreciation |
3/13/2014 | Vote - House - Committee - Ways and Means |
File Code
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Subjects
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Statutes
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(
10-210.1, 10-310 )
Last Updated: 2/3/2020 2:29 PM