Small Business Fairness Act
Sponsor: Karen Lewis Young (District 3)Committee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 1/21 at 11:00 a.m. (as of Dec 1, 2021)
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; authorizing certain corporations, subject to regulations adopted by the Comptroller, to determine certain income using the water's edge 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 members of the group; etc.
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Testimony (7)
MGA witness listFAV 2FavorableUNF 5Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Zwerling, Samanthalobbyist | Maryland State Education Association | Written (PDF) |
| FAV | Senator Young, Senator Younglegislator | Individual | Position only |
| UNF | Do, Stephanie | Council On State Taxation | Oral + Written (PDF) |
| UNF | Celentano, Matthewlobbyist | Funk & Bolton, P.A. | Written (PDF) |
| UNF | Halpern, MB | Maryland Association of CPAs (MACPA) | Written (PDF) |
| UNF | Price, Sarahlobbyist | Maryland Retailers Association | Oral |
| UNF | Thompson, Melvinlobbyist | Restaurant Association of Maryland | Oral + Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVZwerling, SamanthaMaryland State Education AssociationRegistered for: Maryland State Education Association
UNFCelentano, MatthewFunk & Bolton, P.A.Registered for: 38 Degrees North; Advanced Energy United; Alliance of Maryland Dental Plans; Allstate Insurance Company; America's Health Insurance Plans; American Council of Life Insurers…
UNFPrice, SarahMaryland Retailers AssociationRegistered for: Maryland Retailers Alliance; Maryland Retailers Association
UNFThompson, MelvinRestaurant Association of MarylandRegistered for: Restaurant Association of Maryland