File Code: Taxes - Income
- Sponsored By:
-
Senators Pinsky, Britt, Frosh, Green, Grosfeld, Hollinger,
Kelley, and Middleton
- Entitled:
-
Corporate Income Tax Reform
Requiring that specified interest expenses and intangible expenses be
added to the federal taxable income of a corporation to determine
Maryland modified income under specified circumstances; requiring
specified corporations to compute Maryland taxable income using a
specified method for taxable years beginning after 2004; authorizing
the Comptroller to adjust specified tax attributes between and among
two or more organizations, trades, or businesses under specified
circumstances; etc.
Senate Action
- 1/31
- First Reading Budget and Taxation
- 2/12
- Hearing 3/5 at 12:30 p.m.
House Action
- No Action
- Sponsored by:
- Senator Paul G. Pinsky, District 22
- Senator Gwendolyn Britt, District 47
- Senator Brian E. Frosh, District 16
- Senator Leo E. Green, District 23
- Senator Sharon M. Grosfeld, District 18
- Senator Paula C. Hollinger, District 11
- Senator Delores G. Kelley, District 10
- Senator Thomas M. Middleton, District 28
- Bill indexed under the following Subjects:
- COMPTROLLER
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- INCOME TAX
- INTEREST
- RULES AND REGULATIONS
- Bill affects the following Statutes:
- Tax - General
- (
10-109 ,
10-306.1 ,
10-402.1 ,
10-804 ,
10-811
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
