Legislation

Title: State Income Tax - Subtraction Modification - Elementary and Secondary Education Expenses
Sponsored by: Senators Lam and Young
Status: In the Senate - Hearing 3/05 at 1:45 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Excluding from a subtraction modification certain contributions to and distributions from a certain investment plan that is used for certain elementary and secondary education expenses; requiring the Comptroller, under certain circumstances, to impose certain penalties; and applying the Act to all taxable years beginning after December 31, 2018.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0525

Introduced in a prior session as: HB0644 Session: 2018 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2019

History

Legislation History
Chamber Senate Calendar Date 2/04/2019 Legislative Date 2/04/2019 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - State Income Tax - Subtraction Modification - Elementary and Secondary Education Expenses Proceedings
Chamber Senate Calendar Date 2/06/2019 Legislative Date 2/06/2019 Action Hearing 3/05 at 1:45 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/04/2019	2/04/2019	First Reading Budget and Taxation
			Text - First - State Income Tax - Subtraction Modification - Elementary and Secondary Education Expenses
Senate	2/06/2019	2/06/2019	Hearing 3/05 at 1:45 p.m.

File Code

Subjects

Statutes