MD SB1 | 2013 | Regular Session
Status
Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on January 9 2013 - 25% progression, died in committee
Action: 2013-01-30 - Hearing 1/30 at 3:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 9 2013 - 25% progression, died in committee
Action: 2013-01-30 - Hearing 1/30 at 3:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Providing that for income distributed to specified members of an S corporation, specified partnerships, a limited liability company, or specified trusts the State income tax rate is 2.875% and the county income tax rate may not exceed 1.6%; applying the Act to taxable years beginning after December 31, 2012; etc.
Title
Income Tax - Pass-Through Entity - Maximum Rate
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-01-30 | Senate | Hearing 1/30 at 3:00 p.m. |
| 2013-01-23 | Senate | Hearing cancelled |
| 2013-01-30 | Senate | Hearing 1/30 at 2:00 p.m. |
| 2013-01-09 | Senate | First Reading Budget and Taxation |
| 2012-11-15 | Senate | Pre-filed |
