Maryland Senate Bill 269 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 16-0)
Status: Introduced on January 25 2012 - 25% progression, died in chamber
Action: 2012-03-19 - Unfavorable Report by Budget and Taxation
Text: Latest bill text (Introduced) [PDF]

Requiring specified corporations to compute Maryland taxable income using a specified combined reporting method; requiring, subject to specified regulations, specified groups of corporations to file a combined income tax return reflecting the aggregate income tax liability of all the members of the group; requiring the Comptroller to adopt specified regulations; requiring specified regulations to be consistent with regulations adopted by the Multistate Tax Commission; applying the Act to tax years beginning after 2012; etc.

Maryland Business Tax Fairness Act

Sen. Joanne Benson [D]	Sen. Joan Conway [D]	Sen. Ulysses Currie [D]	Sen. William Ferguson [D]
Sen. Brian Frosh [D]	Sen. Verna Jones-Rodwell [D]	Sen. Delores Kelley [D]	Sen. Richard Madaleno [D]
Sen. Roger Manno [D]	Sen. Karen Montgomery [D]	Sen. Paul Pinsky [D]	Sen. Victor Ramirez [D]
Sen. Jamin Raskin [D]	Sen. Jim Rosapepe [D]	Sen. Norman Stone [D]	Sen. Ronald Young [D]

Date	Chamber	Action
2012-03-19		Unfavorable Report by Budget and Taxation
2012-02-01		Hearing 2/22 at 1:00 p.m.
2012-01-25		First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2012rs/billfile/SB0269.htm
Text	http://mlis.state.md.us/2012rs/bills/sb/sb0269f.pdf