Legislation

Title: Effective Corporate Tax Rate Transparency Act of 2020
Sponsored by: Delegates Palakovich Carr, Korman, Feldmark, Mosby, Smith, and Wilkins
Status: In the House - Hearing 2/25 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Requiring a publicly traded corporation that is required to file a Maryland income tax return to attach a statement identifying the corporation's effective tax rate and an explanation of the calculation of the effective tax rate; requiring that the statement be made under oath, signed in a certain manner, subject to audit by the Comptroller, and treated as confidential taxpayer information; requiring the Comptroller to submit a certain report to the Governor and the General Assembly by March 1 each year; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2020

History

Legislation History
Chamber House Calendar Date 2/06/2020 Legislative Date 2/06/2020 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Effective Corporate Tax Rate Transparency Act of 2020 Proceedings
Chamber House Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing 2/25 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/06/2020	2/06/2020	First Reading Ways and Means
			Text - First - Effective Corporate Tax Rate Transparency Act of 2020
House	2/10/2020	2/10/2020	Hearing 2/25 at 1:00 p.m.

File Code

Subjects

Statutes