Legislation

Title: Corporate Income Tax - Federal Repatriation Holiday
Sponsored by: Senators Serafini, Bates, Eckardt, Edwards, Hershey, Hough, Jennings, Norman, Ready, Reilly, Salling, and Simonaire
Status: In the Senate - Hearing 2/21 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Providing a subtraction modification under the Maryland corporate income tax for certain dividends included in federal taxable income as a result of a certain repatriation holiday enacted by federal legislation; requiring the Comptroller to provide for the administration of the Act if certain federal legislation is enacted; applying the Act to all taxable years beginning after December 31, 2017; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB1322

Introduced in a prior session as: SB0205 Session: 2017 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber Senate Calendar Date 1/15/2018 Legislative Date 1/15/2018 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Corporate Income Tax - Federal Repatriation Holiday Proceedings
Chamber Senate Calendar Date 1/17/2018 Legislative Date 1/17/2018 Action Hearing 1/31 at 2:30 p.m. Proceedings
Chamber Senate Calendar Date 1/24/2018 Legislative Date 1/24/2018 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 1/24/2018 Legislative Date 1/24/2018 Action Hearing 2/07 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/01/2018 Legislative Date 2/01/2018 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/01/2018 Legislative Date 2/01/2018 Action Hearing 2/21 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/15/2018	1/15/2018	First Reading Budget and Taxation
			Text - First - Corporate Income Tax - Federal Repatriation Holiday
Senate	1/17/2018	1/17/2018	Hearing 1/31 at 2:30 p.m.
Senate	1/24/2018	1/24/2018	Hearing canceled
Senate	1/24/2018	1/24/2018	Hearing 2/07 at 1:00 p.m.
Senate	2/01/2018	2/01/2018	Hearing canceled
Senate	2/01/2018	2/01/2018	Hearing 2/21 at 1:00 p.m.

File Code

Subjects

Statutes