Legislation - HB0880

Title: Maryland Income Tax - Decoupling From Amendments to the Internal Revenue Code - Depreciation and Business Interest Expenses
Sponsored by: Delegate Palakovich Carr
Status: In the House - Hearing 2/26 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Providing certain modifications to the federal adjusted gross income of an individual or federal taxable income of a corporation for Maryland income tax purposes relating to certain deductions under the federal income tax for depreciation of certain property and certain business interest expenses; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber House Calendar Date 2/04/2026 Legislative Date 2/04/2026 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Income Tax - Decoupling From Amendments to the Internal Revenue Code - Depreciation and Business Interest Expenses Proceedings
Chamber House Calendar Date 2/05/2026 Legislative Date 2/05/2026 Action Hearing 2/19 at 1:00 p.m. Proceedings
Chamber House Calendar Date 2/05/2026 Legislative Date 2/05/2026 Action Hearing canceled Proceedings
Chamber House Calendar Date 2/05/2026 Legislative Date 2/05/2026 Action Hearing 2/26 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/04/2026	2/04/2026	First Reading Ways and Means
			Text - First - Maryland Income Tax - Decoupling From Amendments to the Internal Revenue Code - Depreciation and Business Interest Expenses
House	2/05/2026	2/05/2026	Hearing 2/19 at 1:00 p.m.
House	2/05/2026	2/05/2026	Hearing canceled
House	2/05/2026	2/05/2026	Hearing 2/26 at 1:00 p.m.

File Code

Subjects

Statutes