MD HB46 | 2023 | Regular Session

Note: Carry Over of previous HB457

Status

Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on January 11 2023 - 25% progression, died in committee
Action: 2023-01-16 - Hearing 2/02 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring affiliated corporations to compute Maryland taxable income using a certain combined reporting method; authorizing certain corporations, subject to regulations adopted by the Comptroller, to determine certain income using the water's edge method; providing a subtraction modification under the Maryland corporate income tax for certain changes to a certain combined group's deferred tax assets or liabilities that are the result of certain provisions of the Act; etc.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Corporate Income Tax - Combined Reporting

Sponsors


History

DateChamberAction
2023-01-16HouseHearing 2/02 at 1:00 p.m.
2023-01-11HouseFirst Reading Ways and Means
2022-08-05HousePre-filed

Same As/Similar To

HB457 (Carry Over) 2022-01-26 - Hearing 2/09 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Tax - General10311(n/a)See Bill Text
Tax - General10402.1(n/a)See Bill Text
Tax - General10811(n/a)See Bill Text

Maryland State Sources


Bill Comments

LegiScan Search

View Top 50 Searches

Select area of search.
Find an exact bill number.
Search bill text and data. [help]
Reset

LegiScan Trends

View Top 50 National

NH HB643 Expanding the number of Grafton County commissioners.
IL HB2359 VEH CD-EMS CHIEF PLATES
IN SB0234 Medicaid matters.
OK SB824 Financial institutions; prohibiting disclosure of information including...
ID S1008 Repeals and adds to existing law to prohibit limitations regarding concealed...
NY A04034 Establishes kratom, otherwise known as mitragyna speciosa korth, as a schedule...
SD SB86 Expand eligibility for the rural recruitment assistance program to include...
MD SB183 State Department of Assessments and Taxation - Notification of Constant...
CT SB01116 An Act Providing Funding For The Maintenance Of Certain Trails By The Department...
NC H48 Increase UI Max Benefit/2025 UI Tax Credit
feedback