File Code: Taxes - Income
Prior Year Introduction As:
HB 669/09 - W&M
Crossfiled with: SENATE BILL 653
- Sponsored By:
-
Delegates Bates, Afzali, Aumann, Elliott, Frank, George, Glass, Hogan,
Krebs, McComas, Parrott, Ready, Stocksdale, Vitale, and Wood
- Entitled:
-
Income Tax - Expensing of Business Property and Bonus Depreciation
Limiting to property placed in service before January 1, 2012, the
applicability of Maryland income tax modifications for specified
deductions for the cost of the property that is treated as an expense
for federal income tax purposes; limiting to property placed in
service before January 1, 2012, the applicability of Maryland income
tax modifications for a specified additional depreciation allowance
under the federal income tax for specified property; and applying the
Act to taxable years ending after December 31, 2011.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
House Action
- 2/6
- First Reading Ways and Means
- 2/8
- Hearing 2/21 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate Gail H. Bates, District 9A
- Delegate Kathy Afzali, District 4A
- Delegate Susan L. M. Aumann, District 42
- Delegate Donald B. Elliott, District 4B
- Delegate William J. Frank, District 42
- Delegate Ron George, District 30
- Delegate Glen Glass, District 34A
- Delegate Patrick N. Hogan, District 3A
- Delegate Susan W. Krebs, District 9B
- Delegate Susan K. McComas, District 35B
- Delegate Neil Parrott, District 2B
- Delegate Justin Ready, District 5A
- Delegate Nancy R. Stocksdale, District 5A
- Delegate Cathy Vitale, District 33A
- Delegate John F. Wood, Jr., District 29A
Bill indexed under the following Subjects:
- Corporations -see also- Municipal Corps; Public Corps & Inst
- Equipment -see also- Motor Vehicle Equipment
- Exemptions
- Income Tax
- Personal Property
Bill affects the following Statutes:
- Tax - General
- (
10-210.1
,
10-210.1
,
10-310
)
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
