File Code: Taxes - Income
- Sponsored By:
-
Delegates Frick, Barve, Cardin, Doory, Feldman, Gilchrist, Hixson, Ivey,
Kaiser, Murphy, Olszewski, Rice, Ross, Stukes, F. Turner, and Walker
- Entitled:
-
Income Tax - Banks - Treatment of Losses on Loans and Bad Debts After Change of
Ownership
Requiring an addition or subtraction modification under the Maryland
income tax to reflect the treatment of items of deduction or loss with
respect to losses on loans or bad debts allowed to a bank after an
ownership change without regard to Notice 2008-83 issued by the
Internal Revenue Service on October 20, 2008; and applying the Act to
any taxable year to which Notice 2008-83 is applicable.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
House Action
- 1/28
- First Reading Ways and Means
- 2/4
- Hearing 2/18 at 1:00 p.m.
- 2/17
- Hearing cancelled
- 3/2
- Unfavorable Report by Ways and Means Withdrawn
Senate Action
- No Action
Sponsored by:
- Delegate C. William Frick, District 16
- Delegate Kumar P. Barve, District 17
- Delegate Jon S. Cardin, District 11
- Delegate Ann Marie Doory, District 43
- Delegate Brian J. Feldman, District 15
- Delegate Jim Gilchrist, District 17
- Delegate Sheila E. Hixson, District 20
- Delegate Jolene Ivey, District 47
- Delegate Anne R. Kaiser, District 14
- Delegate Peter Murphy, District 28
- Delegate John A. Olszewski, Jr., District 6
- Delegate Craig L. Rice, District 15
- Delegate Justin D. Ross, District 22
- Delegate Melvin L. Stukes, District 44
- Delegate Frank S. Turner, District 13
- Delegate Jay Walker, District 26
Bill indexed under the following Subjects:
- Banks and Trust Companies
- Exemptions
- Income Tax
- Loans -see also- Mortgages
- Mergers and Acquisitions
Bill affects the following Statutes:
- Tax - General
- (
10-210.1 ,
10-310
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered
