Legislation

Title: Income Tax - Subtraction Modification - Interest Paid on Student Loans
Sponsored by: Delegates Tarlau, Angel, Barron, Ebersole, Fennell, Jalisi, McCray, Pena-Melnyk, Platt, Rosenberg, Sanchez, Valentino-Smith, and A. Washington
Status: In the House - Hearing 2/02 at 2:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing a subtraction modification under the State income tax for the amount of interest paid by a qualified taxpayer on qualified student loans; requiring the Comptroller to adopt specified regulations; applying the Act to taxable years beginning after December 31, 2015; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber House Calendar Date 1/18/2016 Legislative Date 1/18/2016 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/20/2016 Legislative Date 1/20/2016 Action Hearing 2/02 at 2:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/18/2016	1/18/2016	First Reading Ways and Means
House	1/20/2016	1/20/2016	Hearing 2/02 at 2:00 p.m.

Documents

Date Posted	Document Name
1/19/2016	Text - First - Income Tax - Subtraction Modification - Interest Paid on Student Loans

File Code

Subjects

Statutes