Maryland Senate Bill 523 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 12-6)
Status: Passed on May 8 2020 - 100% progression
Action: 2020-05-08 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 641
Text: Latest bill text (Enrolled) [PDF]

Altering the tax imposed on certain pass-through entities; requiring each pass-through entity to pay the tax imposed with respect to certain shares of certain nonresident and nonresident entity members of the pass-through entity; authorizing a pass-through entity to elect to pay the tax imposed with respect to certain shares of all resident members of the pass-through entity; providing for the calculation of the tax; prohibiting the tax required to be paid for any taxable year from exceeding a certain amount; etc.

Income Tax – Pass–Through Entities and Corporations

Sen. Guy Guzzone [D]	Sen. Katie Hester [D]	Sen. Pamela Beidle [D]	Sen. Mary Carozza [R]
Sen. George Edwards [R]	Sen. Sarah Elfreth [D]	Sen. Brian Feldman [D]	Sen. Melony Griffith [D]
Sen. Cheryl Kagan [D]	Sen. Benjamin Kramer [D]	Sen. Douglas Peters [D]	Sen. Andrew Serafini [R]
Sen. Chris West [R]	Sen. Craig Zucker [D]	Sen. Adelaide Eckardt [R]	Sen. Cory McCray [D]
Sen. Thomas Miller [D]	Sen. Johnny Salling [R]

2020-03-18 - Senate - Third Reading Passed (Y: 44 N: 0 NV: 1 Abs: 2) [PASS]
2020-03-18 - House - Third Reading Passed (Y: 133 N: 0 NV: 2 Abs: 6) [PASS]
2020-03-18 - House - Motion Rules Suspend Two Readings Same Day (Delegate Luedtke) Adopted (Y: 130 N: 3 NV: 2 Abs: 6) [PASS]
2020-03-16 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2020-05-08	Senate	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 641
2020-03-18	Senate	Passed Enrolled
2020-03-18	Senate	Third Reading Passed (44-0)
2020-03-18	Senate	Senate Concurs House Amendments
2020-03-18	House	Third Reading Passed (133-0)
2020-03-18	House	Motion Rules Suspend Two Readings Same Day (Delegate Luedtke) Adopted (130-3)
2020-03-18	House	Second Reading Passed with Amendments
2020-03-18	House	Favorable with Amendments {895861/1 Adopted
2020-03-18	House	Favorable with Amendments Report by Ways and Means
2020-03-17	House	Referred Ways and Means
2020-03-16	Senate	Third Reading Passed (46-0)
2020-03-16	Senate	Second Reading Passed with Amendments
2020-03-16	Senate	Favorable with Amendments {769735/1 Adopted
2020-03-16	Senate	Favorable with Amendments Report by Budget and Taxation
2020-02-10	Senate	Hearing 2/12 at 1:00 p.m.
2020-02-10	Senate	Hearing canceled
2020-01-30	Senate	Hearing 2/12 at 2:00 p.m.
2020-01-30	Senate	First Reading Budget and Taxation

Chapter	Article	Section	Citation Type	Statute Text
Tax - General	10	102.1	(n/a)	See Bill Text
Tax - General	10	701.1	(n/a)	See Bill Text
Tax - General	10	706	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0523?ys=2020RS
Text	https://mgaleg.maryland.gov/2020RS/bills/sb/sb0523f.pdf
Text	https://mgaleg.maryland.gov/2020RS/bills/sb/sb0523t.pdf
Text	https://mgaleg.maryland.gov/2020RS/bills/sb/sb0523e.pdf
Amendment	https://mgaleg.maryland.gov/2020RS/amds/bil_0003/sb0523_76973501.pdf
Amendment	https://mgaleg.maryland.gov/2020RS/amds/bil_0003/sb0523_89586101.pdf
Roll Call	https://mgaleg.maryland.gov/2020RS/votes/House/1196.pdf
Roll Call	https://mgaleg.maryland.gov/2020RS/votes/House/1197.pdf
Roll Call	https://mgaleg.maryland.gov/2020RS/votes/Senate/0806.pdf
Roll Call	https://mgaleg.maryland.gov/2020RS/votes/Senate/1082.pdf