Allowing a parent or guardian a credit against the State income tax for specified home instruction expenses; providing that the credit may not exceed $1,000; providing that the credit may be carried forward to the fifth taxable year after the taxable year in which the expenses were incurred; requiring the Comptroller, in consultation with the State Department of Education, to adopt specified regulations; defining specified terms; applying the Act to taxable years beginning after December 31, 2013; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2014
|Date Posted||Document Name|
|1/21/2014||Text - First - Income Tax Credit - Home Instruction Expenses|
|2/11/2014||Vote - Senate - Committee - Budget and Taxation|
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Last Updated: 2/3/2020 2:29 PM