MD SB466 | 2013 | Regular Session

Status

Spectrum: Slight Partisan Bill (Democrat 9-5)
Status: Introduced on January 30 2013 - 25% progression, died in committee
Action: 2013-03-05 - Hearing 3/05 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Limiting to property placed in service before January 1, 2013, the applicability of Maryland income tax modifications for specified deductions for the cost of business property that is treated as an expense for federal income tax purposes; limiting to property placed in service before January 1, 2013, the applicability of Maryland income tax modifications for a specified additional depreciation allowance under the federal income tax for specified business property; etc.

Tracking Information

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Title

Income Tax - Expensing of Business Property and Bonus Depreciation

Sponsors


History

DateChamberAction
2013-03-05SenateHearing 3/05 at 1:00 p.m.
2013-01-30SenateFirst Reading Budget and Taxation

Subjects


Maryland State Sources


Bill Comments

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