Legislation

Title: Income Tax - Subtraction Modification From Unrelated Business Taxable Income - Employee Benefits
Sponsored by: Senator Washington
Status: In the Senate - Withdrawn by Sponsor
Analysis: Fiscal and Policy Note

Synopsis

Providing a subtraction modification under the Maryland income tax for certain expenses of a tax exempt corporation that are required to be included in the corporation's unrelated business taxable income; applying the Act to taxable years beginning after December 31, 2018; etc.

Committees

Original:: Budget and Taxation

Details

Bill File Type: Regular

Effective Date(s): July 1, 2019

History

Legislation History
Chamber Senate Calendar Date 2/15/2019 Legislative Date 2/15/2019 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification From Unrelated Business Taxable Income - Employee Benefits Proceedings
Chamber Senate Calendar Date 2/21/2019 Legislative Date 2/22/2019 Action Rereferred to Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/22/2019 Legislative Date 2/22/2019 Action Hearing 3/13 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/12/2019 Legislative Date 3/12/2019 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 3/14/2019 Legislative Date 3/14/2019 Action Withdrawn by Sponsor Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/15/2019	2/15/2019	First Reading Senate Rules
			Text - First - Income Tax - Subtraction Modification From Unrelated Business Taxable Income - Employee Benefits
Senate	2/21/2019	2/22/2019	Rereferred to Budget and Taxation
Senate	2/22/2019	2/22/2019	Hearing 3/13 at 1:00 p.m.
Senate	3/12/2019	3/12/2019	Hearing canceled
Senate	3/14/2019	3/14/2019	Withdrawn by Sponsor

File Code

Subjects

Statutes