Legislation
- Title
- Income Tax - Subtraction Modification - Interest Paid on Student Loans
- Sponsored by
- Delegates Tarlau, Afzali, Barkley, B. Barnes, D. Barnes, Barron, Carr, Chang, Conaway, Ebersole, Fennell, Fisher, Frush, Glenn, Gutierrez, Hayes, Healey, Hettleman, Hill, Hornberger, C. Howard, Jalisi, Knotts, Korman, Kramer, Krimm, Lierman, Luedtke, McCray, A. Miller, Moon, Morales, Patterson, Pena-Melnyk, Pendergrass, Platt, Queen, Reilly, Reznik, Sample-Hughes, Sanchez, Shoemaker, Simonaire, Sophocleus, Valentino-Smith, A. Washington, M. Washington, and K. Young
- Status
- In the House - Hearing 2/08 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Allowing a subtraction modification under the State income tax for the amount of interest paid by a qualified taxpayer on qualified student loans; requiring the Comptroller to adopt specified regulations; and applying the Act to taxable years beginning after December 31, 2016.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Details
Introduced in a prior session as: HB0103 Session: 2016 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2017
History
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Statutes
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(
10-208 )
Last Updated: 2/3/2020 2:29 PM