MD SB842 | 2016 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 5 2016 - 25% progression, died in committee
Action: 2016-03-02 - Hearing 3/02 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Altering the formula used to apportion income to the State for corporations that carry on a trade or business in and out of the State; applying the Act to taxable years beginning after December 31, 2015; etc.

Tracking Information

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Title

Corporate Income Tax - Single Sales Factor Apportionment

Sponsors


History

DateChamberAction
2016-03-02SenateHearing 3/02 at 1:00 p.m.
2016-02-05SenateFirst Reading Budget and Taxation

Subjects


Maryland State Sources


Bill Comments

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