MD HB1254 | 2016 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Engrossed on March 19 2016 - 50% progression, died in committee
Action: 2016-03-29 - Hearing 3/29 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Providing a subtraction modification under the Maryland corporate income tax for specified dividends included in federal taxable income as a result of a specified repatriation holiday enacted by federal legislation; requiring the Comptroller to provide for the administration of the Act if specified federal legislation is enacted; applying the Act to all taxable years beginning after December 31, 2015; etc.

Tracking Information

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Title

Corporate Income Tax - Federal Repatriation Holiday

Sponsors


Roll Calls

2016-03-17 - House - House Floor - Third Reading Passed (131-4) (Y: 131 N: 4 NV: 0 Abs: 6) [PASS]

History

DateChamberAction
2016-03-29SenateHearing 3/29 at 1:00 p.m.
2016-03-21SenateFirst Reading Budget and Taxation
2016-03-19HouseThird Reading Passed (131-4)
2016-03-17HouseSecond Reading Passed
2016-03-17HouseFavorable Report Adopted
2016-03-17HouseFavorable Report by Ways and Means
2016-03-02HouseHearing 3/02 at 1:00 p.m.
2016-02-12HouseFirst Reading Ways and Means

Subjects


Maryland State Sources


Bill Comments

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