Legislative / Regulatory

Maryland businesses catch a huge legislative break

StatehouseGood news for Maryland businesses: State lawmakers are on the verge of amending some of the most onerous corporate reporting requirements in the nation.

Karen Syrylo, a member of the MACPA's State Tax Committee, reports that the House of Delegates and the Senate have each passed a bill that would reduce the worst elements of corporate reporting requirements that were enacted during a special legislative session last fall.

The bills -- House Bill 664 and Senate Bill 444 -- call for a long list of changes to the reporting requirements. Read a list of the changes here.

The good news doesn't end there.

Keep an eye on our sister blog, Legislative Insider, for details as they become available.


Bill Sheridan