MD HB473 | 2020 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 17)
Status: Engrossed on March 12 2020 - 50% progression, died in committee
Action: 2020-03-13 - Referred Budget and Taxation
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on March 12 2020 - 50% progression, died in committee
Action: 2020-03-13 - Referred Budget and Taxation
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Altering the State income tax imposed on certain pass-through entities; requiring each pass-through entity to pay the tax imposed with respect to certain shares of certain nonresident and nonresident entity members of the pass-through entity; requiring that certain sales of tangible personal property be attributed to the State for apportionment purposes under the corporate income tax if the corporation is not taxable in the state of the purchaser; etc.
Title
Income Tax – Pass–Through Entities, Throwback Rule, and Combined Reporting
Sponsors
Roll Calls
2020-03-12 - House - Third Reading Passed (Y: 91 N: 44 NV: 0 Abs: 6) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2020-03-13 | Senate | Referred Budget and Taxation |
| 2020-03-12 | House | Third Reading Passed (91-44) |
| 2020-03-10 | House | Second Reading Passed with Amendments |
| 2020-03-10 | House | Favorable with Amendments {145560/1 Adopted |
| 2020-03-09 | House | Favorable with Amendments Report by Ways and Means |
| 2020-01-29 | House | Hearing 2/12 at 1:00 p.m. |
| 2020-01-29 | House | Hearing canceled |
| 2020-01-28 | House | Hearing 2/13 at 1:00 p.m. |
| 2020-01-24 | House | First Reading Ways and Means |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Education | 5 | 219 | (n/a) | See Bill Text |
| Tax - General | 10 | 102.1 | (n/a) | See Bill Text |
| Tax - General | 10 | 311 | (n/a) | See Bill Text |
| Tax - General | 10 | 402 | (n/a) | See Bill Text |
| Tax - General | 10 | 402.1 | (n/a) | See Bill Text |
| Tax - General | 10 | 701.1 | (n/a) | See Bill Text |
| Tax - General | 10 | 703 | (n/a) | See Bill Text |
| Tax - General | 10 | 706 | (n/a) | See Bill Text |
| Tax - General | 10 | 811 | (n/a) | See Bill Text |
| Tax - General | 2 | 613.1 | (n/a) | See Bill Text |
| Tax - General | 2 | 614 | (n/a) | See Bill Text |
