Legislation

Title: Income Tax - Carried Interest - Additional Tax
Sponsored by: Delegates Tarlau, Angel, Korman, Moon, Morales, Pena-Melnyk, Platt, and Sanchez
Status: In the House - Hearing 3/01 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Imposing a tax of 19% on the Maryland taxable income, attributable to specified investment management services, of an individual or a corporation or the distributive share of a pass-through entity; providing that the tax does not apply to investment management services if at least 80% of the specified assets consists of real estate; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: SB0605

Bill File Type: Regular

Effective Date(s): July 1, 2017

History

Legislation History
Chamber House Calendar Date 2/06/2017 Legislative Date 2/06/2017 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Carried Interest - Additional Tax Proceedings
Chamber House Calendar Date 2/14/2017 Legislative Date 2/14/2017 Action Hearing 3/01 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/06/2017	2/06/2017	First Reading Ways and Means
			Text - First - Income Tax - Carried Interest - Additional Tax
House	2/14/2017	2/14/2017	Hearing 3/01 at 1:00 p.m.

File Code

Subjects

Statutes