File Code: Taxes - Income
- Sponsored By:
-
Senators Pinsky, Britt, Frosh, Green, Grosfeld, Hollinger,
Kelley, and Middleton
- Entitled:
-
Corporate Income Tax - Apportionment of Income of Multistate
Corporations - Throwback Rule
Requiring that specified sales of tangible personal property be
attributed to the State for purposes of the sales factor used for
apportioning a corporation's income to the State if the corporation is
not taxable in the state of the purchaser; and applying the Act to tax
years beginning after 2002.
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:
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- INCOME TAX
- INDUSTRY AND TECHNOLOGY
- INTERSTATE AFFAIRS
- Bill affects the following Statute:
- Tax - General
- (
10-402
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
