File Code: Taxes - Income
- Sponsored By:
-
Delegates Frank, Aumann, Bartlett, Boteler, Dwyer, Eckardt, Elliott,
Elmore, George, Haddaway, Jennings, J. King, Kipke, Kramer, Krebs, McComas,
McConkey, Morhaim, Shank, Shewell, Smigiel, Sossi, Stocksdale, Weir, and Weldon
- Entitled:
-
Income Tax - Tax Credit - Donations for Scholarships at Institutions of Higher
Education
Allowing a credit against the State income tax for 75% of the amount
of a contribution made to specified institutions of higher education
or specified affiliated foundations to be used for scholarships for
students, subject to specified limitations; limiting to $25,000,000
the total annual credits that may be approved by the Maryland Higher
Education Commission; etc.
House Action
- 2/7
- First Reading Ways and Means
- Hearing 2/20 at 1:00 p.m.
- 2/19
- Hearing cancelled
- 2/27
- Withdrawn
Senate Action
- No Action
Sponsored by:
- Delegate William J. Frank, District 42
- Delegate Susan L. M. Aumann, District 42
- Delegate Joseph R. Bartlett, District 4A
- Delegate Joseph C. Boteler, III, District 8
- Delegate Donald H. Dwyer, Jr., District 31
- Delegate Adelaide C. Eckardt, District 37
- Delegate Donald B. Elliott, District 4B
- Delegate D. Page Elmore, District 38A
- Delegate Ronald A. George, District 30
- Delegate Jeannie Haddaway, District 37B
- Delegate J. B. Jennings, District 7
- Delegate James S. King, District 33A
- Delegate Nicholaus R. Kipke, District 31
- Delegate Benjamin F. Kramer, District 19
- Delegate Susan W. Krebs, District 9B
- Delegate Susan K. McComas, District 35B
- Delegate Tony McConkey, District 33A
- Delegate Dan K. Morhaim, District 11
- Delegate Christopher B. Shank, District 2B
- Delegate Tanya Shewell, District 5A
- Delegate Michael D. Smigiel, Sr., District 36
- Delegate Richard A. Sossi, District 36
- Delegate Nancy R. Stocksdale, District 5A
- Delegate Michael H. Weir, Jr., District 6
- Delegate Richard B. Weldon, Jr., District 3B
Bill indexed under the following Subjects:
- Comptroller
- Gifts
- Higher Education -see also- Comm Colleges; Med Schools; etc.
- Higher Education Commission
- Income Tax
- Notices
- Reports
- Rules and Regulations
- Scholarships
- Tax Credits -see also- Circuit Breaker
Bill affects the following Statutes:
- Tax - General
- (
10-205 ,
10-205 ,
10-306 ,
10-306 ,
10-726
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered