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2004 Regular Session bill information current as of November 17, 2004 - 3:06 p.m.
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HOUSE BILL 1206

File Code: Taxes - Income
Crossfiled with: SENATE BILL 727

Sponsored By:
Delegate Ross

Entitled:
Corporate Income Tax Reform


Synopsis:

Requiring specified corporations to compute Maryland taxable income using a specified method; providing that, except as provided by and subject to regulations of the Comptroller, specified groups of corporations shall file a combined income tax return reflecting the aggregate income tax liability of all of the members of the group; requiring the Comptroller to adopt regulations; applying the Act to tax years after 2003; etc.


History by Legislative Date

House Action
2/13
First Reading Ways and Means
2/18
Hearing 2/25 at 1:00 p.m.
Senate Action
No Action

Bill indexed under the following Subjects:

COMPTROLLER
CORPORATIONS -see also- MUNICIPAL CORPORATIONS
INCOME TAX
INTERNATIONAL AFFAIRS -see also- FOREIGN TRADE
INTERSTATE AFFAIRS
REPORTS
RULES AND REGULATIONS

Bill affects the following Statutes:

Tax - General
( 10-402.1 , 10-804 , 10-811 )


Documents:

Bill Text: First Reading (RTF / PDF), Third Reading, Enrolled

Fiscal Note: Available (WORD / PDF)

Amendments: None offered



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