2006 Regular Session

SENATE BILL 258

File Code: Taxes - Income Prior Year Introduction As: HB 26/05 - W&M Crossfiled with: HOUSE BILL 744
Sponsored By:
Senators Brochin, Garagiola, Klausmeier, and Pipkin
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

Senate Action
1/25
First Reading Budget and Taxation
3/8
Hearing 3/21 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Jim Brochin, District 42
Senator Rob Garagiola, District 15
Senator Katherine Klausmeier, District 8
Senator E. J. Pipkin, District 36

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 , 10-726 )

Documents:

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