MD HB926 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 8 2019 - 25% progression, died in chamber
Action: 2019-03-07 - Unfavorable Report by Ways and Means; Withdrawn
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 8 2019 - 25% progression, died in chamber
Action: 2019-03-07 - Unfavorable Report by Ways and Means; Withdrawn
Text: Latest bill text (Introduced) [PDF]
Summary
Imposing a tax of 17% on the Maryland taxable income attributable to certain 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; terminating the Act if certain federal legislation is enacted into law; applying the Act to taxable years 2019 and beyond; etc.
Title
Income Tax - Carried Interest - Additional Tax
Sponsors
| Del. Julian Ivey [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-03-07 | House | Unfavorable Report by Ways and Means; Withdrawn |
| 2019-03-01 | House | Hearing canceled |
| 2019-02-12 | House | Hearing 3/06 at 1:00 p.m. |
| 2019-02-08 | House | First Reading Ways and Means |
Subjects
Comptroller
Corporations
Federal Government
Financial Planners
Income Tax
Interest
Investments
Notices
Partnerships
Real Estate
Sunset
Taxes - Income
Corporations
Federal Government
Financial Planners
Income Tax
Interest
Investments
Notices
Partnerships
Real Estate
Sunset
Taxes - Income
