Legislation

Imposing a tax of 17% on the Maryland taxable income attributable to certain 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; terminating the Act if certain federal legislation is enacted into law; applying the Act to taxable years 2019 and beyond; etc.

Committees

Original:: Ways and Means

Details

Bill File Type: Regular

Effective Date(s): July 1, 2019

History

Legislation History
Chamber House Calendar Date 2/08/2019 Legislative Date 2/08/2019 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 2/12/2019 Legislative Date 2/12/2019 Action Hearing 3/06 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/01/2019 Legislative Date 3/01/2019 Action Hearing canceled Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/07/2019 Legislative Date 3/07/2019 Action Withdrawn by Sponsor Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/08/2019	2/08/2019	First Reading Ways and Means
			Text - First - Income Tax - Carried Interest - Additional Tax
House	2/12/2019	2/12/2019	Hearing 3/06 at 1:00 p.m.
House	3/01/2019	3/01/2019	Hearing canceled
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/07/2019	3/07/2019	Withdrawn by Sponsor

File Code

Subjects

Statutes