Maryland Senate Bill 574 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on February 4 2010 - 25% progression, died in committee
Action: 2010-03-23 - Hearing 3/24 at 2:15 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Providing that a Maryland income tax provision requiring addition or subtraction modifications to federal adjusted gross income to determine Maryland adjusted gross income of an individual without regard to the special net operating loss carryback period provided under § 172(b)(1)(H) of the Internal Revenue Code is not applicable to net operating losses covered under I.R.S. Revenue Ruling 2009-9 and substantiated under I.R.S. Revenue Procedure 2009-20; making the Act an emergency measure; etc.

Income Tax - Net Operating Loss Deductions - Loss from Criminal Fraud or

Sen. Brian Frosh [D]	Sen. Nancy King [D]	Sen. Richard Madaleno [D]	Sen. Nathaniel McFadden [D]
Sen. Douglas Peters [D]

Date	Chamber	Action
2010-03-23		Hearing 3/24 at 2:15 p.m.
2010-03-23		Hearing cancelled
2010-03-17		Hearing 3/24 at 1:15 p.m.
2010-03-17		Hearing cancelled
2010-03-10		Hearing 3/24 at 1:00 p.m.
2010-02-04		First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2010rs/billfile/SB0574.htm
Text	http://mlis.state.md.us/2010rs/bills/sb/sb0574f.pdf