Corporate Income Tax - Rate Reduction
Sponsor: Jason C. Buckel (District 1B)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Unfavorable Report by Ways and Means (as of Nov 6, 2020)
What this bill does
Official synopsis
Decreasing, over 5 taxable years, the State corporate income tax rate from 8.25% to 6.25%.
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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 (8)
MGA witness listFAV 6FavorableUNF 2Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Price, Sarahlobbyist | MD Retailers Association | Oral |
| FAV | Tabuteau, Richardlobbyist | MD Tech Council | Written (PDF) |
| FAV | graf, lorilobbyist | Maryland Building Industry Association | Written (PDF) |
| FAV | Swanson, Tricia | Montgomery County Chamber of Commerce | Written (PDF) |
| FAV | Delegate Buckel, Delegate Buckellegislator | Individual | Oral + Written (PDF) |
| FAV | Griffin, Andrewlobbyist | Individual | Written (PDF) |
| UNF | Orr, Benjamin | Maryland Center on Economic Policy | Written (PDF) |
| UNF | zwerling, samanthalobbyist | msea | Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVPrice, SarahMD Retailers AssociationRegistered for: Maryland Retailers Alliance; Maryland Retailers Association
FAVTabuteau, RichardMD Tech CouncilRegistered for: Bolt Technology OÜ dba Hopp; Boyd Gaming Corporation; ChargePoint; Chevy Chase Village; Elev8 Baltimore, Inc.; Fortinet…
FAVgraf, loriMaryland Building Industry AssociationRegistered for: Maryland Building Industry Association
FAVGriffin, AndrewRegistered 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…