Legislation

Title: Income Tax - Internal Revenue Code Amendments - Decoupling
Sponsored by: Delegate Palakovich Carr
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 763
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Prohibiting, except under certain circumstances, the retroactive application of certain amendments to the Internal Revenue Code to the determination of Maryland taxable income; and applying the Act to all taxable years beginning after December 31, 2020.

Committees

Original:: Ways and Means

Opposite:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2021

History

Legislation History
Chamber House Calendar Date 1/15/2021 Legislative Date 1/15/2021 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Internal Revenue Code Amendments and the Federal CARES Act - Decoupling Proceedings
Chamber House Calendar Date 1/18/2021 Legislative Date 1/18/2021 Action Hearing 2/04 at 1:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/18/2021 Legislative Date 3/18/2021 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/19/2021 Legislative Date 3/08/2021 Action Favorable with Amendments {115667/1 Adopted Proceedings 27 Click to view Recorded Media
Chamber House Calendar Date 3/19/2021 Legislative Date 3/08/2021 Action Second Reading Passed with Amendments Proceedings 27 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax - Internal Revenue Code Amendments - Decoupling Proceedings
Chamber House Calendar Date 3/20/2021 Legislative Date 3/09/2021 Action Third Reading Passed (127-3) Proceedings 28 Click to view Recorded Media
Chamber Senate Calendar Date 3/22/2021 Legislative Date 3/02/2021 Action Referred Budget and Taxation Proceedings 30 Click to view Recorded Media
Chamber Senate Calendar Date 3/23/2021 Legislative Date 3/23/2021 Action Hearing 3/30 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/08/2021 Legislative Date 4/08/2021 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/08/2021 Legislative Date 3/18/2021 Action Favorable Adopted Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 4/08/2021 Legislative Date 3/18/2021 Action Second Reading Passed Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2021 Legislative Date 3/19/2021 Action Motion Special Order until 4/10 (Senator Ready) Adopted Proceedings 44 Click to view Recorded Media
Chamber Senate Calendar Date 4/12/2021 Legislative Date 3/21/2021 Action Third Reading Passed (41-6) Proceedings 46 Click to view Recorded Media
Chamber House Calendar Date 4/12/2021 Legislative Date 3/28/2021 Action Returned Passed Proceedings 47 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/30/2021 Legislative Date 5/30/2021 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 763 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Income Tax - Internal Revenue Code Amendments - Decoupling Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/15/2021	1/15/2021	First Reading Ways and Means
			Text - First - Income Tax - Internal Revenue Code Amendments and the Federal CARES Act - Decoupling
House	1/18/2021	1/18/2021	Hearing 2/04 at 1:30 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/18/2021	3/18/2021	Favorable with Amendments Report by Ways and Means
House	3/19/2021	3/08/2021	Favorable with Amendments {115667/1 Adopted	27 Click to view Recorded Media
House	3/19/2021	3/08/2021	Second Reading Passed with Amendments	27 Click to view Recorded Media
			Text - Third - Income Tax - Internal Revenue Code Amendments - Decoupling
House	3/20/2021	3/09/2021	Third Reading Passed (127-3)	28 Click to view Recorded Media
Senate	3/22/2021	3/02/2021	Referred Budget and Taxation	30 Click to view Recorded Media
Senate	3/23/2021	3/23/2021	Hearing 3/30 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	4/08/2021	4/08/2021	Favorable Report by Budget and Taxation
Senate	4/08/2021	3/18/2021	Favorable Adopted	43 Click to view Recorded Media
Senate	4/08/2021	3/18/2021	Second Reading Passed	43 Click to view Recorded Media
Senate	4/09/2021	3/19/2021	Motion Special Order until 4/10 (Senator Ready) Adopted	44 Click to view Recorded Media
Senate	4/12/2021	3/21/2021	Third Reading Passed (41-6)	46 Click to view Recorded Media
House	4/12/2021	3/28/2021	Returned Passed	47 Click to view Recorded Media
Post Passage	5/30/2021	5/30/2021	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 763
			Text - Chapter - Income Tax - Internal Revenue Code Amendments - Decoupling

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