CivicKnodeCivicKnowA project of CivicKnode
Sign in

SB 146

Did not advanceCrossfile HB 1210
Add to calendar

Income Tax - Subtraction Modification - Expenses of Medical Cannabis Grower, Processor, Dispensary, or Independent Testing Laboratory

Sponsor: Karen Lewis Young (District 3)Committee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 1/22 at 1:00 p.m. (as of Nov 6, 2020)

What this bill does

Official synopsis

Allowing a subtraction modification under the Maryland income tax for amounts of ordinary and necessary expenses paid or incurred during the taxable year, including a reasonable allowance for salaries and certain other compensation, 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.

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 (13)

MGA witness list
FAV 13Favorable

Organizations on record

Registered lobbyists who testified

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)
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)
FAVBagwell, AshlieThe Maryland Medical Dispensary AssociationRegistered for: AbbVie Inc.; Aligned Data Centers; American Academy of Anesthesiology Assistants, Inc.; Atmosphere Data Centers LLC; Baltimore Civic Fund, Inc.; Beltway Fine Wine
FAVBagwell, AshlieThe Maryland Medical Dispensary AssociationRegistered for: AbbVie Inc.; Aligned Data Centers; American Academy of Anesthesiology Assistants, Inc.; Atmosphere Data Centers LLC; Baltimore Civic Fund, Inc.; Beltway Fine Wine