CivicKnodeCivicKnowA project of CivicKnode
Sign in

SB 605

Did not advanceCrossfile HB 915
Add to calendar

Income Tax - Carried Interest - Additional Tax

Sponsor: Senator PinskyCommittee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 2/28 at 1:00 p.m. (as of Dec 5, 2017)

What this bill does

Official synopsis

Imposing a tax of 19% on the Maryland taxable income, attributable to specified investment management services, of an individual or a corporation or the distributive share of a pass-through entity; providing that the tax does not apply to investment management services if at least 80% of the specified assets consists of real estate; etc.

AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.

Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.

Testimony (0)

MGA witness list
No witness list on file. It is scraped after hearings are scheduled; check the MGA link above.