HB0335

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Income Tax Subtraction Modification - College Savings Plans - Contributions

Sponsored by:

Delegate Lierman

Status:

Vetoed by the Governor (Duplicative)


Synopsis:Providing a subtraction modification under the Maryland income tax for contributions made by specified individuals to specified college savings accounts subject to specified limitations; defining specified terms; and applying the Act to all taxable years beginning after December 31, 2015.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate Lierman
Additional Facts:Cross-filed with: SB0374
Bill File Type: Regular
Effective Date(s): July 1, 2016
Committee(s):
Ways and Means  View Committee HearingBudget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Income
Education - Miscellaneous
Narrow Subject(s):Estates and Trusts
Exemptions
Higher Education -see also- Comm Colleges; Med Schools; etc.
Income Tax
Statutes:Article - Tax - General
(10-208)

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March 30, 2016 4:37 P.M.