Maryland House Bill 1088 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on February 6 2020 - 25% progression, died in committee
Action: 2020-02-10 - Hearing 2/25 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Requiring a publicly traded corporation that is required to file a Maryland income tax return to attach a statement identifying the corporation's effective tax rate and an explanation of the calculation of the effective tax rate; requiring that the statement be made under oath, signed in a certain manner, subject to audit by the Comptroller, and treated as confidential taxpayer information; requiring the Comptroller to submit a certain report to the Governor and the General Assembly by March 1 each year; etc.

Effective Corporate Tax Rate Transparency Act of 2020

Del. Julie Palakovich Carr [D]	Del. Marc Korman [D]	Del. Jessica Feldmark [D]	Del. Nick Mosby [D]
Del. Stephanie Smith [D]	Del. Jheanelle Wilkins [D]

Date	Chamber	Action
2020-02-10	House	Hearing 2/25 at 1:00 p.m.
2020-02-06	House	First Reading Ways and Means

HB1088 (Carry Over) 2020-02-10 - Hearing 2/25 at 1:00 p.m.

Chapter	Article	Section	Citation Type	Statute Text
Tax - General	10	804	(n/a)	See Bill Text
Tax - General	10	804.2	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1088?ys=2020RS
Text	https://mgaleg.maryland.gov/2020RS/bills/hb/hb1088f.pdf