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SB 987

Maryland Senate bill in Session 2026.

Status: introduced. Latest action: April 10, 2026.

Corporate Income Tax - Addition Modification - Direct-to-Consumer Pharmaceutical Advertising.

Bill ID MD-2026-SB-987
Session 2026
Status introduced
Committee Budget and Taxation
Senate introduced 2026-04-10
Summary

Providing an addition modification under the corporate income tax for the amount of certain direct-to-consumer advertising expenses for certain covered drugs paid or incurred during the taxable year that are deducted under the Internal Revenue Code; providing for the distribution of revenue attributable to the addition modification; etc.

Sponsor
Senator Lewis Young
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-15 Introduced Bill introduced
2026-02-15 Status introduced
2026-04-10 Latest Action In the Senate - Hearing 3/11 at 1:00 p.m.
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