Maryland House Bill 172 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 13 2021 - 25% progression, died in committee
Action: 2021-01-07 - Hearing 1/28 at 1:30 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Requiring affiliated corporations to compute Maryland taxable income using a certain combined reporting method; authorizing certain corporations, subject to regulations adopted by the Comptroller, to determine certain income using the water's edge method; requiring, subject to regulations adopted by the Comptroller, certain groups of corporations to file a combined income tax return reflecting the aggregate income tax liability of all the members of the group; requiring the Comptroller to adopt certain regulations; etc.

Corporate Income Tax – Combined Reporting and Subtraction Modification for Combined Groups of Corporations

Del. Mary Lehman [D]

Date	Chamber	Action
2021-01-07	House	Hearing 1/28 at 1:30 p.m.
2021-01-13	House	First Reading Ways and Means
2020-09-17	House	Pre-filed

Chapter	Article	Section	Citation Type	Statute Text
Tax - General	10	311	(n/a)	See Bill Text
Tax - General	10	402.1	(n/a)	See Bill Text
Tax - General	10	811	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0172?ys=2021RS
Text	https://mgaleg.maryland.gov/2021RS/bills/hb/hb0172f.pdf