MD HB1114 | 2014 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 7 2014 - 25% progression, died in chamber
Action: 2014-03-14 - Unfavorable Report by Ways and Means; Withdrawn
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2014 - 25% progression, died in chamber
Action: 2014-03-14 - Unfavorable Report by Ways and Means; Withdrawn
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the calculation of a Maryland income tax modification for depreciation of property to provide an additional allowance equal to 100% of the adjusted basis of the property for the taxable year the property is placed in service; and applying the Act to taxable years beginning on or after December 31, 2013.
Title
Income Tax - Depreciation Modification - First-Year Depreciation
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2014-03-14 | House | Unfavorable Report by Ways and Means; Withdrawn |
| 2014-03-07 | House | Hearing 3/07 at 1:00 p.m. |
| 2014-02-07 | House | First Reading Ways and Means |
