MD HB361 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 30 2019 - 25% progression, died in committee
Action: 2019-01-30 - Hearing 2/13 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 30 2019 - 25% progression, died in committee
Action: 2019-01-30 - Hearing 2/13 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Effective Corporate Tax Rate Transparency Act of 2019
Sponsors
Del. Marc Korman [D] |
History
Date | Chamber | Action |
---|---|---|
2019-01-30 | House | Hearing 2/13 at 1:00 p.m. |
2019-01-30 | House | First Reading Ways and Means |
Subjects
Auditors and Audits
Comptroller
Corporations
Exemptions
Income Tax
Privacy
Public Information
Reports
Tax Credits
Taxes - Income
Comptroller
Corporations
Exemptions
Income Tax
Privacy
Public Information
Reports
Tax Credits
Taxes - Income