---
type: "Bill"
title: "Income Tax – Pass–Through Entities and Corporations"
description: "Income Tax – Pass–Through Entities and Corporations"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2020"
identifier: "SB 523"
citation: "Maryland SB 523 (2020)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Beidle", "Carozza", "Eckardt", "Edwards", "Elfreth", "Feldman", "Griffith", "Guzzone", "Hester", "Kagan", "Kramer", "McCray", "Miller", "Peters", "Salling", "Serafini", "West", "Zucker"]
version_count: 4
action_count: 18
vote_count: 4
first_action: "2020-01-30"
last_action: "2020-05-08"
source: "openstates"
source_identifier: "ocd-bill/1c15cfbc-405f-426c-99eb-504fa3cc10bd"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0523?ys=2020RS&search=True"
source_hash: "7291e2ab2fa5e7937af95fc5220519db937314b370dbfdb03a17c1cc836fc831"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-md"]
---

# Maryland SB 523 (2020) — Income Tax – Pass–Through Entities and Corporations

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Chapter - Income Tax – Pass–Through Entities and Corporations** (committee substitute) — [source](http://mgaleg.maryland.gov/2020RS/Chapters_noln/CH_641_sb0523e.pdf)
2. **Enrolled - Income Tax – Pass–Through Entities and Corporations** (committee substitute) — [source](http://mgaleg.maryland.gov/2020RS/bills/sb/sb0523e.pdf)
3. **First - Income Tax - Pass-Through Entities - Imposition of Tax** (committee substitute) — [source](http://mgaleg.maryland.gov/2020RS/bills/sb/sb0523f.pdf)
4. **Third - Income Tax – Pass–Through Entities and Corporations** (committee substitute) — [source](http://mgaleg.maryland.gov/2020RS/bills/sb/sb0523t.pdf)

## Votes

- On third reading — **44–0** (pass) · upper
- On Third Reading — **46–0** (pass) · upper
- ON THIRD READING (Rules Suspended) (Amend) — **133–0** (pass) · lower
- Motion to suspend rules and allow 2 Rdgs on 1 Day — **130–3** (pass) · lower

## Sponsors

- Beidle — primary (person)
- Carozza — primary (person)
- Eckardt — primary (person)
- Edwards — primary (person)
- Elfreth — primary (person)
- Feldman — primary (person)
- Griffith — primary (person)
- Guzzone — primary (person)
- Hester — primary (person)
- Kagan — primary (person)
- Kramer — primary (person)
- McCray — primary (person)
- Miller — primary (person)
- Peters — primary (person)
- Salling — primary (person)
- Serafini — primary (person)
- West — primary (person)
- Zucker — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-01-30** First Reading Budget and Taxation `referral-committee`
- **2020-01-30** Hearing 2/12 at 2:00 p.m.
- **2020-02-10** Hearing canceled
- **2020-02-10** Hearing 2/12 at 1:00 p.m.
- **2020-03-16** Favorable with Amendments Report by Budget and Taxation `committee-passage-favorable`
- **2020-03-16** Favorable with Amendments { `committee-passage-favorable`
- **2020-03-16** Second Reading Passed with Amendments
- **2020-03-16** Third Reading Passed `passage`
- **2020-03-17** Referred Ways and Means `referral-committee`
- **2020-03-18** Favorable with Amendments Report by Ways and Means `committee-passage-favorable`
- **2020-03-18** Favorable with Amendments { `committee-passage-favorable`
- **2020-03-18** Second Reading Passed with Amendments
- **2020-03-18** Motion Rules Suspend Two Readings Same Day (Delegate Luedtke) Adopted
- **2020-03-18** Third Reading Passed `passage`
- **2020-03-18** Senate Concurs House Amendments
- **2020-03-18** Third Reading Passed `passage`
- **2020-03-18** Passed Enrolled
- **2020-05-08** Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 641 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1c15cfbc-405f-426c-99eb-504fa3cc10bd`. Confidence: reported (aggregated from official Maryland legislature records).