Legislation
- Title
- Maryland Child Tax Credit
- Sponsored by
- Delegate Palakovich Carr
- Status
- In the House - Hearing 1/14 at 1:30 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Allowing certain taxpayers with federal adjusted gross income for the taxable year that is $6,000 or less to claim a credit against the State income tax for certain dependent children under certain circumstances; providing that the credit is equal to $500 for each qualified child; allowing certain taxpayers to claim a refund in the amount of any excess credit; applying the Act to taxable years beginning after December 31, 2020, but before January 1, 2026; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
History
Toggle History Dropdown
File Code
Toggle Filecode Dropdown
Subjects
Toggle Subjects Dropdown
Statutes
Toggle Statutes Dropdown
(
10-751 )
Last Updated: 4/1/2021 4:24 PM