Maryland House Bill 850 (Adjourned Sine Die)

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March 12 2013 - Hearing 3/12 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Reducing the Maryland corporate income tax rate from 8.25% to 6% for a corporation that makes specified qualifying investments in the State; requiring the corporation to submit a specified calculation and a specified declaration to the Comptroller; requiring the corporation to provide evidence of the qualifying investments; authorizing the Comptroller to collect a specified amount from a corporation that does not provide the evidence; applying the Act to taxable years beginning after December 31, 2012; etc.

Corporate Income Tax - Investments in Maryland

Del Fisher	Del Afzali	Del Boteler	Del Eckardt
Del George	Del Haddaway-Riccio	Del Hogan	Del Hough
Del Jacobs	Del Kach	Del Krebs	Del McComas
Del W. Miller	Del Norman	Del Otto	Del Ready
Del Schuh	Del Serafini

Date	Chamber	Action
2013-03-12	House	Hearing 3/12 at 1:00 p.m.
2013-02-07	House	First Reading Ways and Means

Type	Source
Summary	http://mgaleg.maryland.gov/webmga/frmMain.aspx?id=hb0850&stab=01&pid=billpage&tab=subject3&ys=2013rs
Text	http://mgaleg.maryland.gov/2013RS/bills/hb/hb0850f.pdf
Supplement	http://mgaleg.maryland.gov/2013RS/fnotes/bil_0000/hb0850.pdf