MD HB229 | 2021 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 13 2021 - 25% progression, died in committee
Action: 2021-01-07 - Hearing 1/28 at 1:30 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 13 2021 - 25% progression, died in committee
Action: 2021-01-07 - Hearing 1/28 at 1:30 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring that certain sales of tangible personal property be attributed to the State for apportionment purposes under the corporate income tax if the corporation is not taxable in the state of the purchaser; applying the Act to taxable years beginning after December 31, 2021; etc.
Title
Corporate Income Tax – Throwback Rule
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-01-07 | House | Hearing 1/28 at 1:30 p.m. |
| 2021-01-13 | House | First Reading Ways and Means |
| 2020-09-01 | House | Pre-filed |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 402 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0229?ys=2021RS |
| Text | https://mgaleg.maryland.gov/2021RS/bills/hb/hb0229f.pdf |
