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

Details

Introduced in a prior session as: SB0227 Session: 2018 Regular Session

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2019

History

Legislation History
Chamber Senate Calendar Date 7/13/2018 Legislative Date 7/13/2018 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/09/2019 Legislative Date 1/09/2019 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Small Business Fairness Act Proceedings
Chamber Senate Calendar Date 1/11/2019 Legislative Date 1/11/2019 Action Hearing 1/30 at 2:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	7/13/2018	7/13/2018	Pre-filed
Senate	1/09/2019	1/09/2019	First Reading Budget and Taxation
			Text - First - Small Business Fairness Act
Senate	1/11/2019	1/11/2019	Hearing 1/30 at 2:00 p.m.

File Code

Subjects

Statutes