Legislation

Title: Income Tax - Subtraction Modification - Retirement Account Withdrawals for Higher Education Tuition
Sponsored by: Delegate Afzali
Status: In the House - Hearing 2/01 at 2:30 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing a subtraction modification under the State income tax for the amount received from specified qualified retirement plans if the amount is used to pay for tuition for specified individuals at an institution of higher education in the State; requiring a taxpayer to file, with the taxpayer's tax return, a statement from the institution of higher education certifying the amount of tuition paid during the taxable year; applying the Act to taxable years beginning after December 31, 2016; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2017

History

Legislation History
Chamber House Calendar Date 8/31/2016 Legislative Date 8/31/2016 Action Pre-filed Proceedings
Chamber House Calendar Date 1/11/2017 Legislative Date 1/11/2017 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Retirement Account Withdrawals for Higher Education Tuition Proceedings
Chamber House Calendar Date 1/04/2017 Legislative Date 1/04/2017 Action Hearing 1/18 at 11:00 a.m. Proceedings
Chamber House Calendar Date 1/16/2017 Legislative Date 1/16/2017 Action Hearing canceled Proceedings
Chamber House Calendar Date 1/17/2017 Legislative Date 1/17/2017 Action Hearing 2/01 at 2:30 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	8/31/2016	8/31/2016	Pre-filed
House	1/11/2017	1/11/2017	First Reading Ways and Means
			Text - First - Income Tax - Subtraction Modification - Retirement Account Withdrawals for Higher Education Tuition
House	1/04/2017	1/04/2017	Hearing 1/18 at 11:00 a.m.
House	1/16/2017	1/16/2017	Hearing canceled
House	1/17/2017	1/17/2017	Hearing 2/01 at 2:30 p.m.

File Code

Subjects

Statutes