Allowing an individual who pays specified tuition and fees at a community college to claim a credit against the State income tax up to the amount of State income tax imposed or tuition paid for the taxable year; prohibiting an individual from claiming the credit for the amount of tuition otherwise covered by grants or loans; requiring the Comptroller to adopt specified regulations; applying the Act to taxable years beginning after December 31, 2015; etc.
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2016
|Date Posted||Document Name|
|12/17/2015||Text - First - Income Tax Credit - Payment of Tuition at a Community College|
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Last Updated: 2/3/2020 2:28 PM