Income Tax – Pass–Through Entities, Throwback Rule, and Combined Reporting
Sponsor: Vaughn Stewart (District 19)Committee: Ways and MeansSubject: Taxes - IncomeStatus: First Reading Budget and Taxation (as of Nov 6, 2020)
What this bill does
Official synopsis
Altering the State income tax imposed on certain pass-through entities; requiring each pass-through entity to pay the tax imposed with respect to certain shares of certain nonresident and nonresident entity members of the pass-through entity; requiring that certain sales of tangible personal property be attributed to the State for apportionment purposes under the corporate income tax if the corporation is not taxable in the state of the purchaser; etc.
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Testimony (16)
MGA witness listFAV 10FavorableUNF 6Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Gardiner, Shamoyialobbyist | ACY | Written (PDF) |
| FAV | Byrne, Julia | Baltimore County | Written (PDF) |
| FAV | Jackson, Kijuan | Communities United | Oral |
| FAV | Edwards, Donna | MD DC AFL-CIOI | Written (PDF) |
| FAV | Orr, Ben | Maryland Center on Economic Policy | Oral + Written (PDF) |
| FAV | Schumitz, Kalilobbyist | Maryland Fair Funding Coalition | Written (PDF) |
| FAV | smalls, cindylobbyist | afscne council 3 | Written (PDF) |
| FAV | zwerling, samanthalobbyist | msea | Written (PDF) |
| FAV | francaviglia, Joe | strong schools maryland | Written (PDF) |
| FAV | Delegate Stewart, Delegate Stewartlegislator | Individual | Oral + Written (PDF) |
| UNF | Do, Stephanie | COST | Position only |
| UNF | Fry, Donald | Greater Baltimore Committee | Written (PDF) |
| UNF | Price, Sarahlobbyist | MD Retailers Assn. | Position only |
| UNF | Burner, Gene | Manufacturers Alliance of Maryland | Position only |
| UNF | Griffin, Andrewlobbyist | Maryland Chamber of Commerce | Oral + Written (PDF) |
| UNF | Swanson, Tricia | Montgomery County Chamber of Commerce | Written (PDF) |
Organizations on record
ACYFAV 1
afscne council 3FAV 1
Baltimore CountyFAV 1
Communities UnitedFAV 1
COSTUNF 1
MD DC AFL-CIOIFAV 1
MD Retailers Assn.UNF 1
mseaFAV 1
Registered lobbyists who testified
FAVGardiner, ShamoyiaACYRegistered for: Strong Schools Maryland, care of The Fund for Educational Excellence
UNFPrice, SarahMD Retailers Assn.Registered for: Maryland Retailers Alliance; Maryland Retailers Association
UNFGriffin, AndrewMaryland Chamber of CommerceRegistered for: Alliance to Prevent Legionnaire's Disease; American Subcontractors Association of Baltimore; Annapolis Maritime Museum & Park; Associated Utility Contractors of Maryland; Experience Prince George's; Howard County Chamber of Commerce…