Legislation - SB0805

Altering certain provisions of law governing the recapture of certain amounts of the credit against the State income tax for certain individuals with student loan debt to require the recapture of the unused amount of the credit rather than the total amount; authorizing the Maryland Higher Education Commission to extend the period of time that an individual who claims the credit has to prove that the individual used the credit to repay the individual's student loan debt under certain circumstances; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB1297

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/06/2026 Legislative Date 2/06/2026 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Student Loan Debt Relief Tax Credit - Alterations Proceedings
Chamber Senate Calendar Date 2/11/2026 Legislative Date 2/11/2026 Action Hearing 3/03 at 1:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/20/2026 Legislative Date 3/20/2026 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/20/2026 Legislative Date 3/04/2026 Action Favorable Adopted Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 3/20/2026 Legislative Date 3/04/2026 Action Second Reading Passed Proceedings 43 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax - Student Loan Debt Relief Tax Credit - Alterations Proceedings
Chamber Senate Calendar Date 3/20/2026 Legislative Date 3/05/2026 Action Third Reading Passed (39-0) Proceedings 44 Click to view Recorded Media
Chamber House Calendar Date 3/23/2026 Legislative Date 3/10/2026 Action Referred Ways and Means Proceedings 47 Click to view Recorded Media
Chamber House Calendar Date 3/25/2026 Legislative Date 3/25/2026 Action Hearing 4/02 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/06/2026	2/06/2026	First Reading Budget and Taxation
			Text - First - Income Tax - Student Loan Debt Relief Tax Credit - Alterations
Senate	2/11/2026	2/11/2026	Hearing 3/03 at 1:30 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/20/2026	3/20/2026	Favorable Report by Budget and Taxation
Senate	3/20/2026	3/04/2026	Favorable Adopted	43 Click to view Recorded Media
Senate	3/20/2026	3/04/2026	Second Reading Passed	43 Click to view Recorded Media
			Text - Third - Income Tax - Student Loan Debt Relief Tax Credit - Alterations
Senate	3/20/2026	3/05/2026	Third Reading Passed (39-0)	44 Click to view Recorded Media
House	3/23/2026	3/10/2026	Referred Ways and Means	47 Click to view Recorded Media
House	3/25/2026	3/25/2026	Hearing 4/02 at 1:00 p.m.

File Code

Subjects

Statutes