Corporate Income Tax - Single Sales Factor Apportionment - Deferred Tax Relief
Sponsor: Delegate LuedtkeCommittee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 2/02 at 1:00 p.m. (as of Nov 15, 2022)
What this bill does
Official synopsis
Providing a subtraction modification under the Maryland corporate income tax for certain changes to a certain corporation's deferred tax assets or liabilities that are the result of Chapters 341 and 342 of the Acts of the General Assembly of 2018; providing that the subtraction modification may be claimed only for 10 consecutive taxable years beginning with the first taxable year that begins after December 31, 2031; etc.
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Testimony (7)
MGA witness listFAV 6FavorableUNF 1Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Garagiola, Rob | Compass Advocacy | Oral + Written (PDF) |
| FAV | Do, Stephanie | Council On State Taxation | Written (PDF) |
| FAV | Voytek, Maddy | MD Chamber of Commerce | Written (PDF) |
| FAV | Price, Sarahlobbyist | Maryland Retailers Association | Oral |
| FAV | Pitale, Angela | NextEra Energy Resources | Oral + Written (PDF) |
| FAV | Delegate Luedtke, Delegate Luedtkelegislator | Individual | Oral |
| UNF | Schumitz, Kalilobbyist | Maryland Center on Economic Policy | Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVPrice, SarahMaryland Retailers AssociationRegistered for: Maryland Retailers Alliance; Maryland Retailers Association
UNFSchumitz, KaliMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy