File Code: Taxes - Income
- Sponsored By:
-
Delegate Dembrow
- Entitled:
-
Income Tax - Gain on Relocation of Professional Sports Franchise to
Maryland
Providing an additional modification under the Maryland individual and
corporation income tax for an increase in the fair market value of a
professional sports franchise directly or indirectly attributable to
the relocation of the franchise to Maryland from another state;
providing a subtraction modification for gain recognized on the sale
or exchange of a professional sports franchise to the extent the
addition modification has been previously required; applying the Act
to taxable years after 1995; etc.
House Action
- 1/25
- First Reading Ways and Means
- 2/7
- Hearing 2/21 at 11:00 a.m.
Senate Action
- No Action
- Bill indexed under the following Subjects:
- FRANCHISES
- INCOME TAX
- SPORTS -see also- RECREATION
- Bill affects the following Statutes:
- Tax - General
- (
10-204 ,
10-204 ,
10-207 ,
10-207 ,
10-305 ,
10-307
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
None available
