MD SB880 | 2015 | Regular Session
Status
Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on March 2 2015 - 25% progression, died in committee
Action: 2015-03-24 - Hearing 3/24 at 1:30 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 2 2015 - 25% progression, died in committee
Action: 2015-03-24 - Hearing 3/24 at 1:30 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Limiting to property placed in service before January 1, 2015, the applicability of Maryland income tax modifications for specified deductions for the cost of business property that is treated as an expense for federal income tax purposes; limiting to property placed in service before January 1, 2015, the applicability of Maryland income tax modifications for a specified additional depreciation allowance under the federal income tax for specified business property; etc.
Title
Income Tax - Expensing of Business Property and Bonus Depreciation
Sponsors
| Sen. Gail Bates [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-03-24 | Senate | Hearing 3/24 at 1:30 p.m. |
| 2015-03-20 | Senate | Hearing cancelled |
| 2015-03-24 | Senate | Hearing 3/24 at 1:00 p.m. |
| 2015-03-18 | Senate | Hearing cancelled |
| 2015-03-26 | Senate | Hearing 3/26 at 1:00 p.m. |
| 2015-03-05 | Senate | Rereferred to Budget and Taxation |
| 2015-03-02 | Senate | First Reading Senate Rules |
