Income Tax - Payments of Fines, Penalties, and Other Amounts - Addition Modification
Sponsor: Julie Palakovich Carr (District 17)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Third Reading Passed with Amendments (35-12) (as of Nov 9, 2023)
What this bill does
Official synopsis
Providing an addition modification under the Maryland income tax for the amount of certain trade or business expenses paid or incurred during the taxable year that are deducted under the Internal Revenue Code for the payment of certain fines, penalties, or other amounts; and applying the Act to all taxable years beginning after December 31, 2022.
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Testimony (16)
MGA witness listFAV 15FavorableUNF 1Unfavorable
Organizations on record
Registered lobbyists who testified
FAVSchumitz, KaliMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy
FAVSchumitz, KaliMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy
FAVLong, MaddieStrong Schools MarylandRegistered for: Strong Schools Maryland, care of The Fund for Educational Excellence
