MD SB408 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on February 1 2023 - 25% progression, died in committee
Action: 2023-02-02 - Hearing 2/22 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 1 2023 - 25% progression, died in committee
Action: 2023-02-02 - Hearing 2/22 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a subtraction modification under the Maryland income tax for certain qualified broadband grants awarded during the taxable year for broadband deployment.
Title
Income Tax – Subtraction Modification – Qualified Broadband Grants
Sponsors
| Sen. Justin Ready [R] | Sen. Mary Carozza [R] | Sen. Jason Gallion [R] | Sen. Johnny Salling [R] |
| Sen. Chris West [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-02 | Senate | Hearing 2/22 at 1:00 p.m. |
| 2023-02-01 | Senate | First Reading Budget and Taxation |
Same As/Similar To
HB442 (Crossfiled) 2023-01-31 - Hearing 2/16 at 1:00 p.m.
Subjects
Corporations
Exemptions
Grants
Income Tax
internet
Taxes - Income
Telecommunications and Information Technology
Exemptions
Grants
Income Tax
internet
Taxes - Income
Telecommunications and Information Technology
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 207 | (n/a) | See Bill Text |
| Tax - General | 10 | 307 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0408?ys=2023RS |
| Text | https://mgaleg.maryland.gov/2023RS/bills/sb/sb0408f.pdf |
