File Code: Taxes - Income
Crossfiled with: SENATE BILL 11
- Sponsored By:
-
Delegates Ready, Boteler, Elliott, Glass, Hershey, Hogan, Hough, Jacobs,
Kipke, Krebs, McDermott, Norman, Otto, Parrott, Smigiel, and Stocksdale
- Entitled:
-
Corporate Income Tax - Rate Reduction
Reducing the State corporate income tax rate from 8.25% to 4% of
Maryland taxable income of up to $1,500,000 and 7.25% in excess of
$1,500,000 for taxable years after 2012.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
House Action
- 8/12
- First Reading House Rules and Executive Nominations
Senate Action
- No Action
Sponsored by:
- Delegate Justin Ready, District 5A
- Delegate Joseph C. Boteler, III, District 8
- Delegate Donald B. Elliott, District 4B
- Delegate Glen Glass, District 34A
- Delegate Stephen S. Hershey, Jr., District 36
- Delegate Patrick N. Hogan, District 3A
- Delegate Michael J. Hough, District 3B
- Delegate Jay A. Jacobs, District 36
- Delegate Nicholaus R. Kipke, District 31
- Delegate Susan W. Krebs, District 9B
- Delegate Michael A. McDermott, District 38B
- Delegate H. Wayne Norman, Jr., District 35A
- Delegate Charles J. Otto, District 38A
- Delegate Neil Parrott, District 2B
- Delegate Michael D. Smigiel, Sr., District 36
- Delegate Nancy R. Stocksdale, District 5A
Bill indexed under the following Subjects:
- Corporations -see also- Municipal Corps; Public Corps & Inst
- Income Tax
Bill affects the following Statute:
- Tax - General
- (
10-105
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Not available at this time
- Amendments:
None offered
