CivicKnodeCivicKnowA project of CivicKnode
Sign in

SB 578

Enacted
Add to calendar

Income Tax - Internal Revenue Code Amendments - Decoupling

Sponsor: Cory V. McCray (District 45)Committee: Budget and TaxationSubject: Taxes - IncomeStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 764 (as of Dec 1, 2021)

What this bill does

Official synopsis

Prohibiting, except under certain circumstances, the retroactive application of certain amendments to the Internal Revenue Code to the determination of Maryland taxable income; applying the Act to all taxable years beginning after December 31, 2020; 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 (10)

MGA witness list
FAV 7FavorableUNF 3Unfavorable
PositionWitnessOrganizationTestimony
FAVMazerov, MichaelCenter on Budget and Policy PrioritiesOral
FAVMcCray, CoryMGAWritten (PDF)
FAVMeyer, ChristopherlobbyistMaryland Center on Economic PolicyOral + Written (PDF)
FAVPlante, CeciliaMaryland Legislative CoalitionPosition only
FAVMason, RuthUniversity of VirginiaOral
FAV3 West, Miller, 3 West, MillerIndividualOral
FAVSenator McCray, Senator McCraylegislatorIndividualOral
UNFHalpern, MBMaryland Association of CPAs (MACPA)Written (PDF)
UNFGriffin, AndrewlobbyistMaryland Chamber of CommerceWritten (PDF)
UNFO'Halloran, MikeIndividualWritten (PDF)

Organizations on record

Registered lobbyists who testified

FAVMeyer, ChristopherMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy
UNFGriffin, AndrewMaryland Chamber of CommerceRegistered 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