HB1343

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Maryland Education Credit

Sponsored by:

Delegate Hayes

Status:

In the House - Hearing 3/07 at 1:00 p.m.


Synopsis:Providing a tax credit against the State income tax for contributions made to specified student assistance organizations; requiring the Department of Economic Competitiveness and Commerce to administer the tax credit; requiring specified entities to submit an application to be a student assistance organization on or before December 1 each year; establishing the Maryland Education Tax Credit Reserve Fund; applying the Act to taxable years beginning after December 31, 2015; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Hayes, Stein, D. Barnes, Buckel, Chang, Davis, Fennell, Frush, Hettleman, Hornberger, Jameson, Long, Metzgar, Oaks, Rosenberg, Shoemaker, Simonaire, Sophocleus, Valentino-Smith, Vallario, and Vaughn
Additional Facts:Cross-filed with: SB0706
Bill File Type: Regular
Effective Date(s): July 1, 2016
Committee(s):
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Appropriations
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Commerce, Department of
Comptroller
Discrimination
Examinations
Gifts
Grants
Income Tax
Nonprofit Organizations
Notices
Private Schools
Public Schools
Reports
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Rules and Regulations
Tax Credits -see also- Circuit Breaker
Statutes:Article - Economic Development
(2.5-109)
Article - Tax - General
(10-205, 10-306, 10-737)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 5:05 P.M.