Maryland Senate Bill 24 (Prior Session Legislation)

---

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 8 2020 - 25% progression, died in committee
Action: 2019-12-19 - Hearing 1/09 at 2:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Requiring affiliated retail trade and food services corporations with multiple locations to compute Maryland taxable income using a combined reporting method; requiring, subject to regulations, certain groups of retail trade and food services corporations to file income tax returns reflecting the aggregate income tax liability of all the members of the group; requiring the Comptroller to report to the General Assembly by March 31 each year an estimate of the total additional tax revenue resulting from the combined reporting method; etc.

Small Business Fairness Act

Sen. Ronald Young [D]

Date	Chamber	Action
2019-12-19	Senate	Hearing 1/09 at 2:00 p.m.
2020-01-08	Senate	First Reading Budget and Taxation
2019-07-18	Senate	Pre-filed

Chapter	Article	Section	Citation Type	Statute Text
Tax - General	10	402.1	(n/a)	See Bill Text
Tax - General	10	402.2	(n/a)	See Bill Text
Tax - General	10	811	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0024?ys=2020RS
Text	https://mgaleg.maryland.gov/2020RS/bills/sb/sb0024f.pdf