Legislation - HB0930

Title: Income Tax – Decoupling From Federal Changes – Education Expenses
Sponsored by: Delegates Forbes, Allen, Behler, Boyce, Chang, Ebersole, Fair, Feldmark, Lewis, Moon, Pasteur, Ruth, and Terrasa
Status: In the House - Hearing 2/26 at 1:00 p.m.
Analysis

Synopsis

Prohibiting the Governor from electing to participate in a certain tax credit program for certain elementary and secondary education scholarships; providing an addition modification under the Maryland income tax for the amount paid by an employer on behalf of an employee as a contribution to a certain account and the amount of any distribution under certain prepaid contracts or investment accounts that is not used for qualified education expenses; applying the Act to all taxable years beginning after December 31, 2025; etc.

Committees

Original:: Ways and Means

Details

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber House Calendar Date 2/05/2026 Legislative Date 2/05/2026 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/05/2026 Legislative Date 2/05/2026 Action Hearing 2/26 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/05/2026	2/05/2026	First Reading Ways and Means
House	2/05/2026	2/05/2026	Hearing 2/26 at 1:00 p.m.

File Code

Subjects

Statutes