|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; and applying the Act to taxable years beginning after December 31, 2016.
|Analysis:||Fiscal and Policy Note|
|All Sponsors:||Delegates Tarlau, Afzali, Barkley, B. Barnes, D. Barnes, Barron, Carr, Chang, Conaway, Ebersole, Fennell, Fisher, Frush, Glenn, Gutierrez, Hayes, Healey, Hettleman, Hill, Hornberger, C. Howard, Jalisi, Knotts, Korman, Kramer, Krimm, Lierman, Luedtke, McCray, A. Miller, Moon, Morales, Patterson, Pena-Melnyk, Pendergrass, Platt, Queen, Reilly, Reznik, Sample-Hughes, Sanchez, Shoemaker, Simonaire, Sophocleus, Valentino-Smith, A. Washington, M. Washington, and K. Young|
|Additional Facts:||Introduced in a prior session as: HB0103 Session: 2016 Regular Session|
Bill File Type: Regular
Effective Date(s): July 1, 2017
|Broad Subject(s):||Taxes - Income|
Higher Education -see also- Comm Colleges; Med Schools; etc.
Loans -see also- Mortgages
Rules and Regulations
|Statutes:||Article - Tax - General|