Legislation

Clarifying certain provisions of law concerning the State income tax imposed on certain pass-through entities; authorizing a pass-through entity to elect to pay that tax imposed with respect to certain shares of all members of the pass-through entity, rather than only resident members; requiring certain taxpayers to add the amount of the credit back to federal adjusted gross income to determine Maryland adjusted gross income; etc.

Committees

Original:: Ways and Means

Details

Emergency Bill

Cross-filed with: SB0880

Bill File Type: Regular

Effective Date(s): Upon Enactment

History

Legislation History
Chamber House Calendar Date 2/05/2021 Legislative Date 2/05/2021 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax – Pass–Through Entities – State and Local Taxes Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/05/2021	2/05/2021	First Reading Ways and Means
			Text - First - Income Tax – Pass–Through Entities – State and Local Taxes

File Code

Subjects

Statutes