Legislation

Requiring affiliated retail trade and food services corporations with multiple locations to compute Maryland taxable income using a combined reporting method; requiring, subject to regulations, certain groups of retail trade and food services corporations to file income tax returns reflecting the aggregate income tax liability of all the members of the group; requiring the Comptroller to report to the General Assembly by March 31 each year an estimate of the total additional tax revenue resulting from the combined reporting method; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Introduced in a prior session as: SB0076 Session: 2019 Regular Session

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2020

History

Legislation History
Chamber Senate Calendar Date 7/18/2019 Legislative Date 7/18/2019 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/08/2020 Legislative Date 1/08/2020 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 12/19/2019 Legislative Date 12/19/2019 Action Hearing 1/09 at 2:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Small Business Fairness Act Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	7/18/2019	7/18/2019	Pre-filed
Senate	1/08/2020	1/08/2020	First Reading Budget and Taxation
Senate	12/19/2019	12/19/2019	Hearing 1/09 at 2:00 p.m.
			Text - First - Small Business Fairness Act

File Code

Subjects

Statutes