MD SB578 | 2021 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 30 2021 - 100% progression
Action: 2021-05-30 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 764
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 30 2021 - 100% progression
Action: 2021-05-30 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 764
Text: Latest bill text (Chaptered) [PDF]
Summary
Prohibiting, except under certain circumstances, the retroactive application of certain amendments to the Internal Revenue Code to the determination of Maryland taxable income; applying the Act to all taxable years beginning after December 31, 2020; etc.
Title
Income Tax - Internal Revenue Code Amendments - Decoupling
Sponsors
| Sen. Cory McCray [D] |
Roll Calls
2021-04-12 - House - Third Reading Passed (Y: 121 N: 17 NV: 1 Abs: 2) [PASS]
2021-04-08 - Senate - Third Reading Passed (Y: 37 N: 10 NV: 0 Abs: 0) [PASS]
2021-04-08 - Senate - Third Reading Passed (Y: 37 N: 10 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2021-05-30 | Senate | Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 764 |
| 2021-04-12 | Senate | Returned Passed |
| 2021-04-12 | House | Third Reading Passed (121-17) |
| 2021-04-12 | House | Favorable Adopted Second Reading Passed |
| 2021-04-12 | House | Favorable Report by Ways and Means |
| 2021-04-10 | House | Rereferred to Ways and Means |
| 2021-04-09 | House | Referred Rules and Executive Nominations |
| 2021-04-08 | Senate | Third Reading Passed (37-10) |
| 2021-04-08 | Senate | Motion Rules Suspend Two Readings Same Day Const/Rule 24 (Senator King) Adopted |
| 2021-04-08 | Senate | Second Reading Passed with Amendments |
| 2021-04-08 | Senate | Favorable with Amendments {729231/1 Adopted |
| 2021-04-08 | Senate | Favorable with Amendments Report by Budget and Taxation |
| 2021-02-19 | Senate | Hearing 2/24 at 12:00 p.m. |
| 2021-02-19 | Senate | Hearing canceled |
| 2021-02-02 | Senate | Hearing 2/24 at 1:00 p.m. |
| 2021-01-29 | Senate | First Reading Budget and Taxation |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 205 | (n/a) | See Bill Text |
| Tax - General | 10 | 306 | (n/a) | See Bill Text |
