File Code: Taxes - Income
Crossfiled with: HOUSE BILL 1116
- Sponsored By:
-
Senator Shank
- Entitled:
-
Corporate Income Tax - Investments in Maryland
Reducing the Maryland corporate income tax rate from 8.25% to 6% for a
corporation that makes specified qualifying investments in the State;
requiring the corporation to submit a specified calculation and a
specified declaration to the Comptroller; requiring the corporation to
provide evidence of the qualifying investments; authorizing the
Comptroller to collect a specified amount from a corporation that does
not provide the evidence; applying the Act to taxable years beginning
after December 31, 2011; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
Senate Action
- 2/3
- First Reading Budget and Taxation
- 2/8
- Hearing 3/7 at 1:00 p.m.
House Action
- No Action
Bill indexed under the following Subjects:
- Comptroller
- Corporations -see also- Municipal Corps; Public Corps & Inst
- Income Tax
- Investments -see also- Securities
- Rules and Regulations
Bill affects the following Statutes:
- Tax - General
- (
10-105
,
10-105.1
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
None offered
