Income Tax - Subtraction Modification - Expenses of Medical Cannabis Grower, Processor, Dispensary, or Independent Testing Laboratory
Sponsor: Jheanelle K. Wilkins (District 20)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 2/02 at 1:00 p.m. (Ways and Means) (as of Nov 15, 2022)
What this bill does
Official synopsis
Allowing a subtraction modification under the Maryland income tax for certain expenses paid or incurred during the taxable year in carrying on a trade or business as a certain medical cannabis grower, processor, dispensary, or independent testing laboratory; and applying the Act to all taxable years beginning after December 31, 2021.
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Testimony (11)
MGA witness listFAV 8FavorableFWA 1Favorable with amendmentsUNF 2Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | McDonald, Patricia | CANMD-Maryland Wholesale Medical Cannabis Trade Association | Written (PDF) |
| FAV | Hemachandra, Venushki (Venus) | Herbiculture Inc. | Oral |
| FAV | Levine, Brianlobbyist | Montgomery County Chamber of Commerce | Written (PDF) |
| FAV | Lemley, Warren | Peake ReLeaf | Oral + Written (PDF) |
| FAV | Odachowski, Denise | Positive Energy | Written (PDF) |
| FAV | Bagwell, Ashlielobbyist | Individual | Oral + Written (PDF) |
| FAV | Delegate Wilkins, Delegate Wilkinslegislator | Individual | Oral |
| FAV | Wilkins, Jheanelle | Individual | Written (PDF) |
| UNF | Kinnally, Kevin | Maryland Association of Counties (MACo) | Written (PDF) |
| UNF | mcavoy, vince | Individual | Oral |
| FWA | Davis, Robert | Hi Tide Dispensary - OC Botanicals LLC | Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVLevine, BrianMontgomery County Chamber of CommerceRegistered for: Montgomery County Chamber of Commerce
FAVBagwell, AshlieRegistered for: AbbVie Inc.; Aligned Data Centers; American Academy of Anesthesiology Assistants, Inc.; Atmosphere Data Centers LLC; Baltimore Civic Fund, Inc.; Beltway Fine Wine…