Legislation - SB0240

Title: Income Tax – Out–of–State Taxes Paid by Pass–Through Entities – Addition Modification
Sponsored by: Senator Guzzone (By Request - Office of the Comptroller)
Status: In the Senate - Hearing 2/01 at 2:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Providing, for taxable years beginning after December 31, 2022, an addition modification under the Maryland income tax for the amount of a certain tax credit claimed for certain taxes paid to another state by a member of a pass-through entity under certain circumstances.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2023

History

Legislation History
Chamber Senate Calendar Date 1/24/2023 Legislative Date 1/24/2023 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax – Out–of–State Taxes Paid by Pass–Through Entities – Addition Modification Proceedings
Chamber Senate Calendar Date 1/25/2023 Legislative Date 1/25/2023 Action Hearing 2/01 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 1/26/2023 Legislative Date 1/26/2023 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 1/26/2023 Legislative Date 1/26/2023 Action Hearing 2/01 at 2:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/24/2023	1/24/2023	First Reading Budget and Taxation
			Text - First - Income Tax – Out–of–State Taxes Paid by Pass–Through Entities – Addition Modification
Senate	1/25/2023	1/25/2023	Hearing 2/01 at 1:00 p.m.
Senate	1/26/2023	1/26/2023	Hearing canceled
Senate	1/26/2023	1/26/2023	Hearing 2/01 at 2:00 p.m.

File Code

Subjects

Statutes