Income Tax - Subtraction Modification - Expenses of Medical Cannabis Grower, Processor, Dispensary, or Independent Testing Laboratory
Sponsor: Jheanelle K. Wilkins (District 20)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 3/05 at 1:00 p.m. (Ways and Means) (as of Nov 6, 2020)
What this bill does
Official synopsis
Allowing a subtraction modification under the Maryland income tax for certain expenses paid or incurred during the taxable year in carrying on a trade or business as a certain medical cannabis grower, processor, dispensary, or independent testing laboratory; applying the Act to taxable years beginning after December 31, 2019; etc.
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Testimony (10)
MGA witness listFAV 10Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Hammen, Pete | Capital Law Firm | Position only |
| FAV | Kress, Bill | Capital Law Firm | Position only |
| FAV | Kirkpatrick, Ali | Harvest | Oral + Written (PDF) |
| FAV | Bagwell, Ashlielobbyist | MDMDA | Oral + Written (PDF) |
| FAV | Kingsley, Dr. Kyle | Marymed | Position only |
| FAV | Swanson, VP Gov Relations, Tricia | Montgomery County Chamber of Commerce | Written (PDF) |
| FAV | Lemley, Warren | Peake ReLeaf | Position only |
| FAV | Bishop, Stephen | SC&H | Oral + Written (PDF) |
| FAV | Alston, Bryanlobbyist | State Circle Strategies | Oral + Written (PDF) |
| FAV | Delegate Wilkins, Delegate Wilkinslegislator | Individual | Oral + Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVBagwell, AshlieMDMDARegistered for: AbbVie Inc.; Aligned Data Centers; American Academy of Anesthesiology Assistants, Inc.; Atmosphere Data Centers LLC; Baltimore Civic Fund, Inc.; Beltway Fine Wine…
FAVAlston, BryanState Circle StrategiesRegistered for: Maryland Alliance of State Aided Organizations; Baltimore City Community College; CHA, Inc. dba Mary & Main Dispensary; Bon Secours Community Works; B-360 Baltimore; GEDCO (Govans Ecumenical Development Corporation)…