EMERGENCY BILL
File Code: Income
Crossfiled with: SENATE BILL 8
- Sponsored By:
-
Delegates Leopold, Heller, and Cadden
- Entitled:
-
Maryland Higher Education Investment Program - Income Tax Subtraction
Modification for Contributions
Providing that the $2,500 limitation on the subtraction modification
for payments made under a higher education investment contract in
accordance with the Maryland Higher Education Investment Program is
applicable to each higher education investment contract; allowing
certain amounts disallowed under the subtraction modification as a
result of the limitation to be carried over and subtracted for
succeeding taxable years; and applying the Act to tax years beginning
after December 31, 1997.
House Action
- 07/20
- Pre-filed
- 1/13
- First Reading Ways and Means
- 1/20
- Hearing 2/4 at 11:00 a.m.
- 3/1
- Favorable with Amendments Report by Ways and Means
- 3/2
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/4
- Third Reading Passed (137-0)
- 4/4
- Return Passed
- 5/27
- Governor vetoed - Cross-filed bill was signed
Senate Action
- 3/5
- First Reading Budget and Taxation
- 4/5
- Favorable Report by Budget and Taxation
- Favorable Report Adopted
- Second Reading Passed
- 4/6
- Third Reading Passed (45-0)
- Sponsored by:
- Delegate John R. Leopold, District 31
- Delegate Joan Cadden, District 31
- Delegate Henry B. Heller, District 19
- Bill indexed under the following Subjects:
- EXEMPTIONS
- HIGHER EDUCATION -see also- STATE UNIVERSITIES AND COLLEGES.
- INCOME TAX
- INVESTMENTS -see also- SECURITIES
- TUITION
- Bill affects the following Statute:
- Tax - General
- (
10-208
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 815254/1 (PDF) Offered on: March 2, 1999 at:
10:54 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 4, 1999: Third Reading Passed (137-0)
- Senate
- April 6, 1999: Third Reading Passed (45-0)