Legislation

Title: Income Tax – Subtraction Modification – Expenses of Medical Cannabis Grower, Processor, or Dispensary
Sponsored by: Senator Young
Status: In the Senate - Hearing 1/24 at 2:15 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing a subtraction modification under the Maryland income tax for certain expenses paid or incurred during the taxable year in carrying on a trade or business as a certain medical cannabis grower, processor, or dispensary; and applying the Act to taxable years beginning after December 31, 2017.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0845

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2018

History

Legislation History
Chamber Senate Calendar Date 10/30/2017 Legislative Date 10/30/2017 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/10/2018 Legislative Date 1/10/2018 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax – Subtraction Modification – Expenses of Medical Cannabis Grower, Processor, or Dispensary Proceedings
Chamber Senate Calendar Date 1/10/2018 Legislative Date 1/10/2018 Action Hearing 1/24 at 2:15 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	10/30/2017	10/30/2017	Pre-filed
Senate	1/10/2018	1/10/2018	First Reading Budget and Taxation
			Text - First - Income Tax – Subtraction Modification – Expenses of Medical Cannabis Grower, Processor, or Dispensary
Senate	1/10/2018	1/10/2018	Hearing 1/24 at 2:15 p.m.

File Code

Subjects

Statutes