HB 46

Did not advance

Corporate Income Tax - Combined Reporting

Sponsor: Mary A. Lehman (District 21)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 2/02 at 1:00 p.m. (as of Nov 9, 2023)

What this bill does

Official synopsis

Requiring affiliated corporations to compute Maryland taxable income using a certain combined reporting method; authorizing certain corporations, subject to regulations adopted by the Comptroller, to determine certain income using the water's edge method; providing a subtraction modification under the Maryland corporate income tax for certain changes to a certain combined group's deferred tax assets or liabilities that are the result of certain provisions of the Act; etc.

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Testimony (31)

MGA witness list

FAV 15FavorableFWA 1Favorable with amendmentsUNF 14UnfavorableINFO 1Information only

Position	Witness	Organization	Testimony
FAV	Smalls, Cindylobbyist	AFSCME	Written (PDF)
FAV	Griswold, Don	Center on Budget and Policy Priorities (consultant)	Oral + Written (PDF)
FAV	Progressive Caucus, Lower Shore	Lower Shore Progressive Caucus	Written (PDF)
FAV	Lehman, Mary	MGA	Written (PDF)
FAV	Schumitz, Kalilobbyist	Maryland Center on Economic Policy	Oral + Written (PDF)
FAV	Slayton, Kevin	Maryland Fair Funding Coalition	Written (PDF)
FAV	Plante, Cecilia	Maryland Legislative Coalition	Written (PDF)
FAV	Bogdan, Henrylobbyist	Maryland Nonprofits	Position only
FAV	Jervey, Trap	Maryland Rise	Written (PDF)
FAV	Edwards, Donna	Maryland State & DC AFL-CIO	Written (PDF)
FAV	Zwerling, Samanthalobbyist	Maryland State Education Association	Written (PDF)
FAV	Long, Maddielobbyist	Strong Schools Maryland	Oral + Written (PDF)
FAV	Delegate Lehman, Delegate Lehmanlegislator	Individual	Oral
FAV	Hybl, Lois	Individual	Written (PDF)
FAV	Riley, Deniselobbyist	Individual	Written (PDF)
UNF	Cowan, Elly	Compass Advocacy	Written (PDF)
UNF	Garagiola, Rob	Compass Advocacy	Oral
UNF	Reynolds, Patricklobbyist	Council On State Taxation	Oral + Written (PDF)
UNF	Celentano, Matthewlobbyist	Funk & Bolton, P.A.	Written (PDF)
UNF	Beeson, Meredith	Global Business Alliance	Written (PDF)
UNF	Marczyk, Bernielobbyist	Manufacturers' Alliance of Maryland	Oral
UNF	Cutler, Travislobbyist	Marriott	Written (PDF)
UNF	Graf, Lorilobbyist	Maryland Building Industry Association	Written (PDF)
UNF	Griffin, Andrewlobbyist	Maryland Chamber of Commerce	Oral + Written (PDF)
UNF	Price, Sarahlobbyist	Maryland Retailers Association	Oral
UNF	Levine, Brianlobbyist	Montgomery County Chamber of Commerce	Written (PDF)
UNF	Mayhew, Kim	Perry White Ross & Jacobson	Written (PDF)
UNF	Bagwell, Ashlielobbyist	Individual	Written (PDF)
UNF	Kasemeyer, Pam	Individual	Written (PDF)
FWA	Mazerov, Michael	Center on Budget and Policy Priorities	Oral + Written (PDF)
INFO	Halpern, MB	Maryland Association of CPAs (MACPA)	Written (PDF)

Organizations on record

AFSCMEFAV 1

Center on Budget and Policy PrioritiesFWA 1

Center on Budget and Policy Priorities (consultant)FAV 1

Compass AdvocacyUNF 2

Council On State TaxationUNF 1

Funk & Bolton, P.A.UNF 1

Global Business AllianceUNF 1

Lower Shore Progressive CaucusFAV 1

Manufacturers' Alliance of MarylandUNF 1

MarriottUNF 1

Maryland Association of CPAs (MACPA)INFO 1

Maryland Building Industry AssociationUNF 1

Maryland Center on Economic PolicyFAV 1

Maryland Chamber of CommerceUNF 1

Maryland Fair Funding CoalitionFAV 1

Maryland Legislative CoalitionFAV 1

Maryland NonprofitsFAV 1

Maryland Retailers AssociationUNF 1

Maryland RiseFAV 1

Maryland State & DC AFL-CIOFAV 1

Maryland State Education AssociationFAV 1

MGAFAV 1

Montgomery County Chamber of CommerceUNF 1

Perry White Ross & JacobsonUNF 1

Strong Schools MarylandFAV 1

Registered lobbyists who testified

FAVSmalls, CindyAFSCMERegistered for: AFSCME IU

FAVSchumitz, KaliMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy

FAVBogdan, HenryMaryland NonprofitsRegistered for: Maryland Nonprofits

FAVZwerling, SamanthaMaryland State Education AssociationRegistered for: Maryland State Education Association

FAVLong, MaddieStrong Schools MarylandRegistered for: Strong Schools Maryland, care of The Fund for Educational Excellence

FAVRiley, DeniseRegistered for: American Federation of Teachers - Maryland

UNFReynolds, PatrickCouncil On State TaxationRegistered for: AFT Maryland; AFT-Maryland; American Federation of Teachers - Maryland

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…

UNFMarczyk, BernieManufacturers' Alliance of MarylandRegistered for: Adobe Inc.; American Petroleum Institute; Amgen, Inc.; Annie E. Casey Foundation, Inc., The; AstraZeneca Pharmaceuticals, LP; Baltimore County Public Library Board of Trustees…

UNFCutler, TravisMarriottRegistered for: Marriott International

UNFGraf, LoriMaryland Building Industry AssociationRegistered for: Maryland Building Industry Association

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…

UNFPrice, SarahMaryland Retailers AssociationRegistered for: Maryland Retailers Alliance; Maryland Retailers Association

UNFLevine, BrianMontgomery County Chamber of CommerceRegistered for: Montgomery County Chamber of Commerce

UNFBagwell, AshlieRegistered for: AbbVie Inc.; Aligned Data Centers; American Academy of Anesthesiology Assistants, Inc.; Atmosphere Data Centers LLC; Baltimore Civic Fund, Inc.; Beltway Fine Wine…