2003 Regular Session

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