HB0399

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Student Debt Relief Act of 2017

Sponsored by:

Speaker

Status:

In the House - Hearing 2/15 at 1:00 p.m.


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, 2017; etc.
Analysis:Fiscal and Policy Note
All Sponsors:The Speaker (By Request - Administration) and Delegates Adams, Afzali, Anderton, Arentz, Aumann, Beitzel, Buckel, Carozza, Cassilly, Ciliberti, Clark, Flanagan, Folden, Ghrist, Hornberger, S. Howard, Jacobs, Kipke, Kittleman, Krebs, Long, Malone, McComas, McConkey, McKay, Metzgar, Miele, Otto, Parrott, Reilly, Rose, Saab, Shoemaker, Simonaire, Szeliga, Vogt, West, B. Wilson, and Wivell
Additional Facts:Cross-filed with: SB0320
Bill File Type: Regular
Effective Date(s): July 1, 2017
By Request of the Governor
Committee(s):
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Comptroller
Income Tax
Interest
Rules and Regulations
Scholarships and Student Financial Aid
Statutes:Article - Tax - General
(10-208)

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February 17, 2017 8:32 A.M.