Legislation
- Title
- Income Tax - Expensing of Business Property and Bonus Depreciation
- Sponsored by
- Senator Bates
- Status
- In the Senate - Hearing 3/24 at 1:30 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Limiting to property placed in service before January 1, 2015, the applicability of Maryland income tax modifications for specified deductions for the cost of business property that is treated as an expense for federal income tax purposes; limiting to property placed in service before January 1, 2015, the applicability of Maryland income tax modifications for a specified additional depreciation allowance under the federal income tax for specified business property; etc.
Committees
Details
Introduced in a prior session as: HB0524 Session: 2014 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2015
History
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Documents
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Date Posted | Document Name |
---|---|
3/03/2015 | Text - First - Income Tax - Expensing of Business Property and Bonus Depreciation |
File Code
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Subjects
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Statutes
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(
10-210.1, 10-310 )
Last Updated: 2/3/2020 2:29 PM