MD SB76 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 9 2019 - 25% progression, died in committee
Action: 2019-01-11 - Hearing 1/30 at 2:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 9 2019 - 25% progression, died in committee
Action: 2019-01-11 - Hearing 1/30 at 2:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring affiliated retail trade and food services corporations with multiple locations to compute Maryland taxable income using a combined reporting method; requiring, subject to regulations, certain groups of retail trade and food services corporations to file income tax returns reflecting the aggregate income tax liability of all the members of the group; requiring the Comptroller to report to the General Assembly by March 31 each year an estimate of the total additional tax revenue resulting from the combined reporting method; etc.
Title
Small Business Fairness Act
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-01-11 | Senate | Hearing 1/30 at 2:00 p.m. |
2019-01-09 | Senate | First Reading Budget and Taxation |
2018-07-13 | Senate | Pre-filed |
Subjects
Corporations
Food
Foreign Ownership
Income Tax
Interstate Affairs
Reports
Retail Sales
Rules and Regulations
Small Business
Taxes - Income
Food
Foreign Ownership
Income Tax
Interstate Affairs
Reports
Retail Sales
Rules and Regulations
Small Business
Taxes - Income