SB0933 (CH0419)

Find a 2018 Bill:

2018 Regular Session



College Affordability – Maryland 529 Plans and Student Loan Debt Relief Tax Credit – Revisions

Sponsored by:

Senator Kasemeyer


Approved by the Governor - Chapter 419

Synopsis:Requiring the Maryland 529 Board to develop an application form for a certain State contribution program that includes certain information; requiring the Governor to provide appropriations of $5,000,000 in fiscal year 2018 and $3,000,000 in fiscal year 2019 and each fiscal year thereafter; altering the name of the Maryland College Investment Plan and Prepaid College Trust to include a reference to Senator Edward J. Kasemeyer; altering the date by which the Board is required to develop and implement an outreach and marketing plan; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Kasemeyer, Currie, DeGrange, Eckardt, Edwards, Ferguson, Guzzone, King, Madaleno, Manno, McFadden, Peters, and Serafini
Additional Facts:Cross-filed with: HB1341
Bill File Type: Regular
Effective Date(s): June 1, 2018
Bill imposes a mandated appropriation in the annual State Budget Bill
Budget and Taxation  View Committee HearingAppropriations  View Committee Hearing
Broad Subject(s):Education - Miscellaneous
Narrow Subject(s):Advertising
Contracts -see also- Land Installment Contracts; Procurement
Higher Education -see also- Comm Colleges; Med Schools; etc.
Income Tax
Investments -see also- Securities
Residency -see also- Immigrants and Citizenship
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
State Aid
Tax Credits
Statutes:Article - Education
(18-1901, 18-1902.1, 18-1903, 18-1904, 18-1909, 18-19A-01, 18-19A-02, 18-19A-03, 18-19A-04.1, 18-19A-05, 18-19A-06, 18-19B-05, 18-19C-05)
Article - Tax - General

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Explanation of Floor Motions and Actions

June 18, 2018 11:44 A.M.