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Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Income Tax - Subtraction Modification - Expenses of Medical Cannabis Grower, Processor, Dispensary, or Independent Testing Laboratory
Sponsored by
Senator Young
Status
In the Senate - Hearing 2/09 at 1:00 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, dispensary, or independent testing laboratory; and applying the Act to all taxable years beginning after December 31, 2021.
Committee Testimony
Details
Cross-filed with: HB0351
Introduced in a prior session as: SB0900 Session: 2021 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2022
Legislation History
Chamber
Senate
Calendar Date
1/20/2022
Legislative Date
1/20/2022
Action
First Reading Budget and Taxation
Proceedings
Chamber
Senate
Calendar Date
1/26/2022
Legislative Date
1/26/2022
Action
Hearing 2/09 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
Senate 1/20/2022 1/20/2022 First Reading Budget and Taxation
Text - First - Income Tax - Subtraction Modification - Expenses of Medical Cannabis Grower, Processor, Dispensary, or Independent Testing Laboratory
Senate 1/26/2022 1/26/2022 Hearing 2/09 at 1:00 p.m.
(   10-208, 10-308 )
Last Updated: 7/8/2022 2:53 PM
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