HOUSE BILL 1356

File Code: Taxes - Income

Sponsored By:

Delegate Barve

Entitled:

Nursing Students - State Income Tax Credit for Tuition Paid

Synopsis:

Allowing a credit against the State income tax for 50% of the tuition paid by an individual for an education program leading to licensure in nursing, subject to a maximum credit of $2,000 for any taxable year; limiting the credit to the State income tax for the taxable year; and providing that any unused credit may not be carried over to any other taxable year.

History by Legislative Date

House Action

2/21

First Reading House Rules and Executive Nominations

2/25

Re-referred Ways and Means

2/27

Hearing 3/19 at 1:00 p.m.

Senate Action

No Action

Bill indexed under the following Subjects:

HIGHER EDUCATION -see also- COMM COLLEGES; MED SCHOOLS; etc.

INCOME TAX

LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES

NURSES

TAX CREDITS -see also- CIRCUIT BREAKER

TUITION

Bill affects the following Statute:

Tax - General

( 10-724 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered