File Code: Taxes - Income
Prior Year Introduction As: SB 403/05 - B&T
- Sponsored By:
-
Senators Pinsky, Britt, Forehand, Frosh, Green, Grosfeld, and
Teitelbaum
- Entitled:
-
Corporate Income Tax Reform - Combined Reporting
Requiring specified corporations to compute Maryland taxable income
using a specified method; providing that, except as provided by and
subject to regulations of the Comptroller, specified groups of
corporations shall file a combined income tax return reflecting the
aggregate income tax liability of all of the members of the group;
requiring the Comptroller to adopt regulations; applying the Act to
tax years after 2006; etc.
Senate Action
- 2/1
- First Reading Budget and Taxation
- 3/8
- Hearing 3/21 at 1:00 p.m.
House Action
- No Action
Sponsored by:
- Senator Paul G. Pinsky, District 22
- Senator Gwendolyn Britt, District 47
- Senator Jennie M. Forehand, District 17
- Senator Brian E. Frosh, District 16
- Senator Leo E. Green, District 23
- Senator Sharon M. Grosfeld, District 18
- Senator Leonard H. Teitelbaum, District 19
Bill indexed under the following Subjects:
- COMPTROLLER
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- INCOME TAX
- RULES AND REGULATIONS
Bill affects the following Statutes:
- Tax - General
- (
10-402.1 ,
10-811
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered
