2008 Regular Session

SENATE BILL 373

File Code: Taxes - Income Crossfiled with: HOUSE BILL 812
Sponsored By:
Senators DeGrange, Brinkley, Currie, Della, Dyson, King, Klausmeier, McFadden, Miller, Munson, Peters, Robey, Stoltzfus, and Stone
Entitled:
Building Opportunities for All Students and Teachers (BOAST) in Maryland Tax Credit

Synopsis:

Providing a tax credit against the State income tax for contributions made to an eligible educational scholarship organization or an eligible innovative educational organization; requiring the State Department of Education to administer the tax credit; requiring an entity to submit an application to be an eligible educational scholarship organization or an eligible innovative educational organization by January 1 of each year; establishing the Building Opportunities for All Students and Teachers Reserve Fund; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
Senate Action
1/30
First Reading Budget and Taxation
Hearing 2/13 at 1:00 p.m.
3/21
Favorable with Amendments Report by Budget and Taxation
Favorable with Amendments
Laid Over (Senator Raskin) Adopted
3/23
Favorable with Amendments
Committee Amendment Adopted
Favorable with Amendments Report Adopted (33-14)
Floor Amendment (Senator Conway) Rejected (21-24)
Floor Amendment (Senator Madaleno) Rejected (18-29)
Floor Amendment (Senator Madaleno) Rejected (16-30)
Floor Amendment (Senator Madaleno) Rejected (18-27)
Floor Amendment (Senator Raskin) Rejected (14-33)
Second Reading Passed with Amendments
3/24
Special Order after Third Reading calendar (Senator DeGrange) Adopted
Third Reading Passed (30-17)
House Action
3/24
First Reading House Rules and Executive Nominations
4/1
Re-referred Ways and Means
Hearing 4/3 at 1:00 p.m.

Sponsored by:

Senator James E. DeGrange, Sr., District 32
Senator David R. Brinkley, District 4
Senator Ulysses Currie, District 25
Senator George W. Della, Jr., District 46
Senator Roy P. Dyson, District 29
Senator Nancy J. King, District 39
Senator Katherine Klausmeier, District 8
Senator Nathaniel J. McFadden, District 45
Senator Thomas V. Mike Miller, Jr., District 27
Senator Donald F. Munson, District 2
Senator Douglas J. J. Peters, District 23
Senator James N. Robey, District 13
Senator J. Lowell Stoltzfus, District 38
Senator Norman R. Stone, Jr., District 6

Bill indexed under the following Subjects:

Appropriations
Commerce and Business -see also- Dealers; Traders; etc
Comptroller
Corporations -see also- Municipal Corps; Public Corps & Inst
Education, Department of
Electronic Government
Gifts
Grants
Income Tax
Nonprofit Organizations
Notices
Private Schools
Public Schools
Reports
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Rules and Regulations
Scholarships
Students
Tax Credits -see also- Circuit Breaker
Teachers
Tuition

Bill affects the following Statutes:

Tax - General
( 10-205 , 10-205 , 10-306 , 10-306 , 10-726 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
Senate
Number: 263621/01     Offered on: March 25, 2008   at: 12:18 p.m.     Status: Rejected
Number: 353721/01     Offered on: March 25, 2008   at: 12:16 p.m.     Status: Rejected
Number: 493127/02     Offered on: March 25, 2008   at: 12:07 p.m.     Status: Rejected
Number: 723722/01     Offered on: March 25, 2008   at: 12:12 p.m.     Status: Rejected
Number: 783622/01     Offered on: March 25, 2008   at: 12:06 p.m.     Status: Rejected
Number: 999535/01     Offered on: March 25, 2008   at: 11:44 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 23, 2008: Favorable with Amendments Adopted (33-14)
March 23, 2008: Floor Amendment (Conway J) {783622/1 Rejected (21-24)
March 23, 2008: Floor Amendment (Madaleno) {493127/2 Rejected (18-29)
March 23, 2008: Floor Amendment (Madaleno) {723722/1 Rejected (16-30)
March 23, 2008: Floor Amendment (Madaleno) {353721/1 Rejected (18-27)
March 23, 2008: Floor Amendment (Raskin) {263621/1 Rejected (14-33)
March 24, 2008: Third Reading Passed (30-17)