Small Business Fairness Act
Sponsor: Karen Lewis Young (District 3)Committee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 1/09 at 2:00 p.m. (as of Nov 6, 2020)
What this bill does
Official synopsis
Requiring affiliated retail trade and food services corporations with multiple locations to compute Maryland taxable income using a combined reporting method; requiring, subject to regulations, certain groups of retail trade and food services corporations to file income tax returns reflecting the aggregate income tax liability of all the members of the group; requiring the Comptroller to report to the General Assembly by March 31 each year an estimate of the total additional tax revenue resulting from the combined reporting method; etc.
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Testimony (9)
MGA witness listFAV 2FavorableUNF 6UnfavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | zwerling, samanthalobbyist | msea | Written (PDF) |
| FAV | Senator Young, Senator Younglegislator | Individual | Position only |
| UNF | Costello, Chris | Bowar County Chamber of Commerce | Oral |
| UNF | Reynolds, Patricklobbyist | COST | Position only |
| UNF | Fry, Donald | Greater Baltimore Committee | Written (PDF) |
| UNF | Duckman, Ashley | Maryland Chamber of Commerce | Oral + Written (PDF) |
| UNF | Locklair, Caileylobbyist | Maryland Retailers Association | Position only |
| UNF | Thompson, Melvinlobbyist | Restaurant Association of Maryland | Written (PDF) |
| INFO | Committee Staff, Budget and Taxation | Individual | Position only |
Organizations on record
Registered lobbyists who testified
UNFReynolds, PatrickCOSTRegistered for: AFT Maryland; AFT-Maryland; American Federation of Teachers - Maryland
UNFLocklair, CaileyMaryland Retailers AssociationRegistered for: HPSO Investments LLC, T/A Riverboat on the Potomac; Maryland Retailers Alliance; Maryland Retailers Association
UNFThompson, MelvinRestaurant Association of MarylandRegistered for: Restaurant Association of Maryland