MD HB941 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 28-0)
Status: Introduced on February 10 2012 - 25% progression, died in committee
Action: 2012-02-15 - Hearing 3/6 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2012 - 25% progression, died in committee
Action: 2012-02-15 - Hearing 3/6 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring specified corporations to compute Maryland taxable income using a combined reporting method; requiring, subject to specified regulations, specified groups of corporations to file a combined income tax return reflecting the aggregate income tax liability of all the members of the group; requiring the Comptroller to adopt specified regulations; requiring the regulations to be consistent with regulations adopted by the Multistate Tax Commission; applying the Act to tax years beginning after 2012; etc.
Title
Maryland Business Tax Fairness Act
Sponsors
History
Date | Chamber | Action |
---|---|---|
2012-02-15 | Hearing 3/6 at 1:00 p.m. | |
2012-02-10 | First Reading Ways and Means |
Subjects
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2012rs/billfile/HB0941.htm |
Text | http://mlis.state.md.us/2012rs/bills/hb/hb0941f.pdf |