Legislation

Title: Corporate Income Tax - Federal Repatriation Holiday
Sponsored by: The Speaker (By Request - Maryland Economic Development and Business Climate Commission) and Delegates Beitzel, Frick, and Walker
Status: In the Senate - Hearing 3/29 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Providing a subtraction modification under the Maryland corporate income tax for specified dividends included in federal taxable income as a result of a specified repatriation holiday enacted by federal legislation; requiring the Comptroller to provide for the administration of the Act if specified federal legislation is enacted; applying the Act to all taxable years beginning after December 31, 2015; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: SB0845

Introduced in a prior session as: HB0171 Session: 2014 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber House Calendar Date 2/11/2016 Legislative Date 2/12/2016 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/12/2016 Legislative Date 2/12/2016 Action Hearing 3/02 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/16/2016 Legislative Date 3/17/2016 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 3/17/2016 Legislative Date 3/15/2016 Action Favorable Report Adopted Proceedings 47
Chamber House Calendar Date 3/17/2016 Legislative Date 3/15/2016 Action Second Reading Passed Proceedings 47
Chamber House Calendar Date 3/19/2016 Legislative Date 3/17/2016 Action Third Reading Passed (131-4) Proceedings 49
Chamber Senate Calendar Date 3/21/2016 Legislative Date 3/19/2016 Action First Reading Budget and Taxation Proceedings 48A
Chamber Senate Calendar Date 3/23/2016 Legislative Date 3/23/2016 Action Hearing 3/29 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/11/2016	2/12/2016	First Reading Ways and Means
House	2/12/2016	2/12/2016	Hearing 3/02 at 1:00 p.m.
House	3/16/2016	3/17/2016	Favorable Report by Ways and Means
House	3/17/2016	3/15/2016	Favorable Report Adopted	47
House	3/17/2016	3/15/2016	Second Reading Passed	47
House	3/19/2016	3/17/2016	Third Reading Passed (131-4)	49
Senate	3/21/2016	3/19/2016	First Reading Budget and Taxation	48A
Senate	3/23/2016	3/23/2016	Hearing 3/29 at 1:00 p.m.

Documents

Date Posted	Document Name
2/12/2016	Text - First - Corporate Income Tax - Federal Repatriation Holiday
3/17/2016	Text - Third - Corporate Income Tax - Federal Repatriation Holiday
3/17/2016	Vote - House - Committee - Ways and Means
3/17/2016	Vote - House Floor - Third Reading Passed (131-4) - 03/17/16

File Code

Subjects

Statutes