Legislation

Title: Income Tax - Subtraction Modification - Expenses of Medical Cannabis Grower, Processor, Dispensary, or Independent Testing Laboratory
Sponsored by: Senator Peters
Status: In the Senate - Hearing 3/09 at 1:00 p.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; applying the Act to taxable years beginning after December 31, 2020; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0217

Introduced in a prior session as: SB0146 Session: 2020 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2021

History

Legislation History
Chamber Senate Calendar Date 2/09/2021 Legislative Date 2/09/2021 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 2/11/2021 Legislative Date 2/11/2021 Action Hearing 3/09 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/09/2021	2/09/2021	First Reading Budget and Taxation
			Text - First - Income Tax - Subtraction Modification - Expenses of Medical Cannabis Grower, Processor, Dispensary, or Independent Testing Laboratory
Senate	2/11/2021	2/11/2021	Hearing 3/09 at 1:00 p.m.

File Code

Subjects

Statutes