File Code: Taxes - Income
- Sponsored By:
-
Delegate Edwards
- Entitled:
-
Income Tax - Nonresident Shareholders, Partners, and Limited Liability
Company Members
Requiring the Comptroller to allow an S corporation, partnership, or
limited liability company that files a composite return on behalf of
nonresident shareholders, partners, or members to reduce its tax
payment by the amount of any tax credits that the nonresident
shareholders, partners, or members are entitled to claim based on the
activities of the S corporation, partnership, or limited liability
company; and applying the Act to tax years after 2001.
House Action
- 1/23
- First Reading Ways and Means
- Hearing 1/30 at 11:00 a.m.
Senate Action
- No Action
- Bill indexed under the following Subjects:
- COMPTROLLER
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- INCOME TAX
- LIMITED LIABILITY COMPANIES
- NONRESIDENTS -see also- ALIENS
- PARTNERSHIPS
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statute:
- Tax - General
- (
10-102.1
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
