HOUSE BILL 3

File Code: Taxes - Income

Sponsored By:

Delegate Trueschler

Entitled:

Income Tax - Credit for Classroom Supplies Purchased by Teachers

Synopsis:

Authorizing specified school teachers to claim a credit against the State income tax for specified classroom supplies purchased; providing that the credit may not exceed the lesser of $300 or the State income tax for the taxable year; prohibiting the unused amount of the credit from being carried over to any other taxable year; requiring an addition modification to determine Maryland adjusted gross income if the credit is claimed; etc.

History by Legislative Date

House Action

11/20

Pre-filed

1/8

First Reading Ways and Means

1/22

Hearing 1/28 at 11:00 a.m.

3/17

Unfavorable Report by Ways and Means

Senate Action

No Action

Bill indexed under the following Subjects:

EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT

INCOME TAX

TAX CREDITS -see also- CIRCUIT BREAKER

TEACHERS

Bill affects the following Statutes:

Tax - General

( 10-205 , 10-205 , 10-725 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered