MD SB384 | 2014 | Regular Session

Maryland Senate Bill 384 (Prior Session Legislation)

Status

Sponsorship: Partisan Bill (Republican 4)
Status: Introduced on January 23 2014 - 25% progression, died in chamber
Action: 2014-03-17 - Unfavorable Report by Budget and Taxation
Text: Latest bill text (Introduced) [PDF]

Summary

Reducing the State corporate income tax rate from 8.25% to 6% beginning in tax year 2014.

Title

Corporate Income Tax - Rate Reduction

History

Date	Chamber	Action
2014-03-17	Senate	Unfavorable Report by Budget and Taxation
2014-02-05	Senate	Hearing 2/05 at 1:00 p.m.
2014-01-23	Senate	First Reading Budget and Taxation

Subjects

Corporations
Income Tax
Taxes - Income

Maryland State Sources

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0384?ys=2014rs
Text	https://mgaleg.maryland.gov/2014RS/bills/sb/sb0384f.pdf
Supplement	https://mgaleg.maryland.gov/2014RS/fnotes/bil_0004/sb0384.pdf
Supplement	https://mgaleg.maryland.gov/2014RS/votes_comm/sb0384_b&t.pdf