Legislation - HB1297

Altering certain provisions of law governing the recapture of certain amounts of the credit against the State income tax for certain individuals with student loan debt to require the recapture of the unused amount of the credit rather than the total amount; authorizing the Maryland Higher Education Commission to extend the period of time that an individual who claims the credit has to prove that the individual used the credit to repay the individual's student loan debt under certain circumstances; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Rules

Committee Testimony

Witness List

Details

Cross-filed with: SB0805

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber House Calendar Date 2/12/2026 Legislative Date 2/12/2026 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/12/2026 Legislative Date 2/12/2026 Action Hearing 2/26 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Student Loan Debt Relief Tax Credit - Alterations Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/11/2026 Legislative Date 4/11/2026 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 4/11/2026 Legislative Date 3/27/2026 Action Favorable Adopted Second Reading Passed Proceedings 64 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax - Student Loan Debt Relief Tax Credit - Alterations Proceedings
Chamber House Calendar Date 4/13/2026 Legislative Date 3/30/2026 Action Third Reading Passed (127-8) Proceedings 67 Click to view Recorded Media
Chamber Senate Calendar Date 4/13/2026 Legislative Date 3/26/2026 Action Referred Rules Proceedings 65 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/12/2026	2/12/2026	First Reading Ways and Means
House	2/12/2026	2/12/2026	Hearing 2/26 at 1:00 p.m.
			Text - First - Income Tax - Student Loan Debt Relief Tax Credit - Alterations
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	4/11/2026	4/11/2026	Favorable Report by Ways and Means
House	4/11/2026	3/27/2026	Favorable Adopted Second Reading Passed	64 Click to view Recorded Media
			Text - Third - Income Tax - Student Loan Debt Relief Tax Credit - Alterations
House	4/13/2026	3/30/2026	Third Reading Passed (127-8)	67 Click to view Recorded Media
Senate	4/13/2026	3/26/2026	Referred Rules	65 Click to view Recorded Media

File Code

Subjects

Statutes