MD SB730 | 2021 | Regular Session
Note: Carry Foward to future SB622
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 5 2021 - 25% progression, died in committee
Action: 2021-02-19 - Hearing 2/24 at 12:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2021 - 25% progression, died in committee
Action: 2021-02-19 - Hearing 2/24 at 12:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing an individual to claim a credit against the State income tax for certain travel, hospitality, and entertainment expenses paid or incurred by the individual during taxable years 2021 and 2022 under certain circumstances; providing that the credit may not be allowed for certain travel expenses for which the individual claimed a certain federal deduction; requiring the Department of Commerce, on application by an individual, to issue a tax credit certificate in a certain amount; etc.
Title
Income Tax - Credit for Travel, Hospitality, and Entertainment Expenses
Sponsors
History
Date | Chamber | Action |
---|---|---|
2021-02-19 | Senate | Hearing 2/24 at 12:00 p.m. |
2021-02-19 | Senate | Hearing canceled |
2021-02-05 | Senate | Hearing 2/24 at 1:00 p.m. |
2021-02-05 | Senate | First Reading Budget and Taxation |
Same As/Similar To
SB730 (Carry Over) 2021-02-19 - Hearing 2/24 at 12:00 p.m.
HB1176 (Crossfiled) 2021-02-09 - Hearing 2/26 at 1:30 p.m.
HB1176 (Crossfiled) 2021-02-09 - Hearing 2/26 at 1:30 p.m.
Subjects
Art, Music, and Cultural Affairs
Commerce, Department of
Comptroller
Hotels and Motels
Income Tax
Reports
Rules and Regulations
Sunset
Tax Credits
Taxes - Income
Tourism
Transportation
Commerce, Department of
Comptroller
Hotels and Motels
Income Tax
Reports
Rules and Regulations
Sunset
Tax Credits
Taxes - Income
Tourism
Transportation
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - General | 10 | 751 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0730?ys=2021RS |
Text | https://mgaleg.maryland.gov/2021RS/bills/sb/sb0730f.pdf |