Legislation

Title: Income Tax - 529 College Investment Plans - Elementary and Secondary Education Expenses
Sponsored by: Delegates Ebersole, Boyce, Carr, Feldmark, Forbes, Hill, Palakovich Carr, Pendergrass, Solomon, and Terrasa
Status: In the House - Hearing 2/21 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Requiring an addition modification for certain distributions made under certain college investment accounts that are used for certain elementary and secondary education expenses; requiring certain account holders to report to the Comptroller in a certain manner whether certain distributions were used for certain education expenses; excluding from a subtraction modification certain contributions to and distributions from a certain college investment plan that is used for certain elementary and secondary education expenses; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: SB0761

Bill File Type: Regular

Effective Date(s): July 1, 2020

History

Legislation History
Chamber House Calendar Date 2/06/2020 Legislative Date 2/06/2020 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/07/2020 Legislative Date 2/07/2020 Action Hearing 2/21 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - 529 College Investment Plans - Elementary and Secondary Education Expenses Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/06/2020	2/06/2020	First Reading Ways and Means
House	2/07/2020	2/07/2020	Hearing 2/21 at 1:00 p.m.
			Text - First - Income Tax - 529 College Investment Plans - Elementary and Secondary Education Expenses

File Code

Subjects

Statutes