Legislation

Title: Income Tax - Subtraction Modification - Expenses of Medical Cannabis Grower, Processor, Dispensary, or Independent Testing Laboratory
Sponsored by: Senators Young, Peters, Carter, Feldman, and Guzzone
Status: In the Senate - Hearing 1/17 at 10:30 a.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing a subtraction modification under the Maryland income tax for certain expenses paid or incurred during the taxable year in carrying on a trade or business as a certain medical cannabis grower, processor, dispensary, or independent testing laboratory; and applying the Act to taxable years beginning after December 31, 2018.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0568

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2019

History

Legislation History
Chamber Senate Calendar Date 7/13/2018 Legislative Date 7/13/2018 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/09/2019 Legislative Date 1/09/2019 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Expenses of Medical Cannabis Grower, Processor, Dispensary, or Independent Testing Laboratory Proceedings
Chamber Senate Calendar Date 1/03/2019 Legislative Date 1/03/2019 Action Hearing 1/17 at 1:45 p.m. Proceedings
Chamber Senate Calendar Date 1/07/2019 Legislative Date 1/07/2019 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 1/07/2019 Legislative Date 1/07/2019 Action Hearing 1/17 at 10:30 a.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	7/13/2018	7/13/2018	Pre-filed
Senate	1/09/2019	1/09/2019	First Reading Budget and Taxation
			Text - First - Income Tax - Subtraction Modification - Expenses of Medical Cannabis Grower, Processor, Dispensary, or Independent Testing Laboratory
Senate	1/03/2019	1/03/2019	Hearing 1/17 at 1:45 p.m.
Senate	1/07/2019	1/07/2019	Hearing canceled
Senate	1/07/2019	1/07/2019	Hearing 1/17 at 10:30 a.m.

File Code

Subjects

Statutes