Legislation

Increasing from $2,500 to $5,000 the maximum amount allowed as a subtraction modification under the Maryland income tax for payments or contributions made by an account holder or a contributor to certain college savings plan accounts; and applying the Act to taxable years beginning after December 31, 2018.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2019

History

Legislation History
Chamber House Calendar Date 2/08/2019 Legislative Date 2/08/2019 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - College Savings Plan Contributions Proceedings
Chamber House Calendar Date 2/12/2019 Legislative Date 2/12/2019 Action Hearing 3/08 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/08/2019	2/08/2019	First Reading Ways and Means
			Text - First - Income Tax - Subtraction Modification - College Savings Plan Contributions
House	2/12/2019	2/12/2019	Hearing 3/08 at 1:00 p.m.

File Code

Subjects

Statutes