MD SB605 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on February 2 2017 - 25% progression, died in committee
Action: 2017-02-28 - Hearing 2/28 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2017 - 25% progression, died in committee
Action: 2017-02-28 - Hearing 2/28 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Imposing a tax of 19% on the Maryland taxable income, attributable to specified investment management services, of an individual or a corporation or the distributive share of a pass-through entity; providing that the tax does not apply to investment management services if at least 80% of the specified assets consists of real estate; etc.
Title
Income Tax - Carried Interest - Additional Tax
Sponsors
Sen. Paul Pinsky [D] | Sen. William Ferguson [D] | Sen. Cheryl Kagan [D] | Sen. Roger Manno [D] |
Sen. Victor Ramirez [D] | Sen. Jim Rosapepe [D] | Sen. William Smith [D] |
History
Date | Chamber | Action |
---|---|---|
2017-02-28 | Senate | Hearing 2/28 at 1:00 p.m. |
2017-02-02 | Senate | First Reading Budget and Taxation |