2022 Regular Session • Maryland Legislature
SB361: Income Tax - Carried Interest - Additional Tax
Legislative Summary
Imposing a tax of 17% on the Maryland taxable income attributable to certain investment management services of an individual or a corporation or the distributive share of a pass-through entity; providing that the tax does not apply to investment management services if at least 80% of the specified assets consists of real estate; and terminating the Act if certain federal legislation is enacted into law.
Bill History
1/21/2022
First Reading Budget and Taxation
Senate
1/26/2022
Hearing 2/09 at 1:00 p.m.
Senate
Status Information
Current Status
Introduced(1/21/2022)
Chamber
Senate
Committee
Budget and Taxation(Senate)
Sine Die
Sponsors
Democrat: 7
Primary Sponsor

Paul Pinsky
Democrat