2005 Regular Session

HOUSE BILL 26

File Code: Taxes - Income Prior Year Introduction As: HB 798/04 - W&M
Sponsored By:
Delegate Trueschler
Entitled:
Income Tax - Credit for Classroom Supplies Purchased by Teachers

Synopsis:

Authorizing specified elementary or secondary school teachers to claim a credit against the State income tax for specified classroom supplies purchased; providing that the credit may not exceed $300; prohibiting the unused amount of the credit from being carried over to any other taxable year; requiring a claimant to keep records for 3 years; requiring an addition modification to determine Maryland adjusted gross income if the credit is claimed; etc.

History by Legislative Date

House Action
07/6
Pre-filed
1/12
First Reading Ways and Means
2/9
Hearing 2/25 at 1:30 p.m.
3/23
Unfavorable Report by Ways and Means
Senate Action
No Action

Bill indexed under the following Subjects:

EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
INCOME TAX
RECORDS -see also- LAND RECORDS; VITAL RECORDS
TAX CREDITS -see also- CIRCUIT BREAKER
TEACHERS

Bill affects the following Statutes:

Tax - General
( 10-205 , 10-205 , 10-725 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered