Maryland House Bill 424 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Republican 16)
Status: Introduced on January 29 2016 - 25% progression, died in committee
Action: 2016-02-16 - Hearing 2/16 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Limiting, with respect to property placed in service before January 1, 2016, the applicability of Maryland income tax modifications for specified deductions for the cost of business property that is treated as an expense for federal income tax purposes; limiting, with respect to property placed in service before January 1, 2016, the applicability of Maryland income tax modifications for a specified additional depreciation allowance under the federal income tax for specified business property; etc.

Income Tax - Expensing of Business Property and Bonus Depreciation

Del. Matt Morgan [R]	Del. Christopher Adams [R]	Del. Kathy Afzali [R]	Del. Andrew Cassilly [R]
Del. Mark Fisher [R]	Del. Seth Howard [R]	Del. Nicholaus Kipke [R]	Del. Susan Krebs [R]
Del. Susan McComas [R]	Del. Christian Miele [R]	Del. Deb Rey [R]	Del. April Rose [R]
Del. Sid Saab [R]	Del. Haven Shoemaker [R]	Sen. Chris West [R]	Del. Brett Wilson [R]

Date	Chamber	Action
2016-02-16	House	Hearing 2/16 at 1:00 p.m.
2016-01-29	House	First Reading Ways and Means

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0424?ys=2016rs
Text	https://mgaleg.maryland.gov/2016RS/bills/hb/hb0424f.pdf
Supplement	https://mgaleg.maryland.gov/2016RS/fnotes/bil_0004/hb0424.pdf