2005 Regular Session

HOUSE BILL 548

File Code: Taxes - Miscellaneous Crossfiled with: SENATE BILL 613
Sponsored By:
Delegates Healey, Howard, Boschert, Cardin, Cryor, C. Davis, Elmore, Gilleland, Hixson, and King
Entitled:
Tax Credit for Employer-Established Paid Work-Based Learning Programs for Students

Synopsis:

Authorizing eligible parties to establish specified approved paid work-based learning programs under which arrangements are made between schools and employers to provide students with specified structured employer-supervised learning; allowing a credit against the State income tax or the insurance premiums tax for wages paid to each student under an approved program; providing for calculation of the credit; providing for the carrying forward of the credit if it exceeds the total tax otherwise payable for a taxable year; etc.

History by Legislative Date

House Action
2/3
First Reading Ways and Means
2/15
Hearing 2/25 at 1:30 p.m.
3/14
Withdrawn
Senate Action
No Action

Sponsored by:

Delegate Anne Healey, District 22
Delegate David G. Boschert, District 33A
Delegate Jon S. Cardin, District 11
Delegate Jean B. Cryor, District 15
Delegate Clarence Davis, District 45
Delegate D. Page Elmore, District 38A
Delegate Terry R. Gilleland, Jr., District 32
Delegate Sheila E. Hixson, District 20
Delegate Carolyn J. B. Howard, District 24
Delegate Nancy J. King, District 39

Bill indexed under the following Subjects:

CONSTRUCTION
EDUCATION, DEPARTMENT OF
EDUCATION -see also- DRIVER ED; HIGHER ED; SPECIAL ED; etc
INCOME TAX
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
REPORTS
REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
RULES AND REGULATIONS
STUDENTS
SUNSET
TAX CREDITS -see also- CIRCUIT BREAKER
WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc

Bill affects the following Statutes:

Education
( 21-501 )
Insurance
( 6-118 )
Tax - General
( 10-711 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered