Legislation
- Title
- Corporate Income Tax - Investments in Maryland
- Sponsored by
- Delegates Fisher, Afzali, Boteler, Eckardt, George, Haddaway-Riccio, Hogan, Hough, Jacobs, Kach, Krebs, McComas, W. Miller, Norman, Otto, Ready, Schuh, and Serafini
- Status
- In the House - Hearing 3/12 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Reducing the Maryland corporate income tax rate from 8.25% to 6% for a corporation that makes specified qualifying investments in the State; requiring the corporation to submit a specified calculation and a specified declaration to the Comptroller; requiring the corporation to provide evidence of the qualifying investments; authorizing the Comptroller to collect a specified amount from a corporation that does not provide the evidence; applying the Act to taxable years beginning after December 31, 2012; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Details
Introduced in a prior session as: HB1116 Session: 2012 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2013
History
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Documents
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Date Posted | Document Name |
---|---|
2/07/2013 | Text - First - Corporate Income Tax - Investments in Maryland |
File Code
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Subjects
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Statutes
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(
10-105, 10-105.1 )
Last Updated: 2/3/2020 2:27 PM