MD HB295 | 2020 | Regular Session


Spectrum: Partisan Bill (Democrat 25-0)
Status: Introduced on January 20 2020 - 25% progression
Action: 2020-01-29 - Hearing 2/12 at 1:00 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; requiring the Comptroller to report by March 1 of each year an estimate of the total additional tax revenue from corporations to be collected in the next fiscal year as a result of the combined reporting method; requiring the Comptroller to distribute certain revenue from corporations to The Blueprint for Maryland's Future Fund; etc.

Tracking Information

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Corporate Income Tax - Combined Reporting



2020-01-29HouseHearing 2/12 at 1:00 p.m.
2020-01-29HouseHearing canceled
2020-01-24HouseHearing 2/13 at 1:00 p.m.
2020-01-20HouseFirst Reading Ways and Means


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Tax - General10402.1(n/a)See Bill Text
Tax - General10811(n/a)See Bill Text
Tax - General2613.1(n/a)See Bill Text
Tax - General2614(n/a)See Bill Text
Tax - General2615(n/a)See Bill Text

Maryland State Sources

Bill Comments