CHAPTER NUMBER: 572
File Code: Income
- Sponsored By:
-
Senators Miller,
Kasemeyer, and Hogan
- Entitled:
-
Maryland Higher Education Investment Program - Income Tax Subtraction
Modification for Contributions
Providing a subtraction modification under the Maryland income tax for
advance payments of undergraduate tuition made by an individual as
provided under a higher education investment contract in accordance
with the Maryland Higher Education Investment Program; providing an
addition modification for refunds made under a higher education
investment contract that is not applied on behalf of the beneficiary
for higher education tuition and other fees; applying the Act to tax
years after 1997; etc.
Senate Action
- 2/2
- First Reading Budget and Taxation
- 2/11
- Hearing 2/18 at 2:00 p.m.
- 3/16
- Favorable with Amendments Report by Budget and Taxation
- 3/17
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/19
- Third Reading Passed (46-0)
- 4/12
- Senate Refuses to Concur - House Amendments
- Senate Requests House Recede
- 5/21
- Signed by the Governor Chapter 572
House Action
- 3/20
- First Reading Ways and Means
- 3/25
- Hearing 3/31 at 1:00 p.m.
- 4/10
- Favorable with Amendments Report by Ways and Means
- 4/5
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/7
- Third Reading Passed with Amendments (138-0)
- 4/10
- House Recede
- Third Reading Passed (128-0)
- Sponsored by:
- Senator Thomas V. Mike Miller, Jr., District 27
- Senator Patrick J. Hogan, District 39
- Senator Edward J. Kasemeyer, District 12
- Bill indexed under the following Subjects:
- EXEMPTIONS
- HIGHER EDUCATION -see also- STATE UNIVERSITIES AND COLLEGES.
- INCOME TAX
- INVESTMENTS -see also- SECURITIES
- TUITION
- Bill affects the following Statutes:
- Tax - General
- (
10-205 ,
10-205 ,
10-208 ,
10-208
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- Senate
- Number: 359614/1 (PDF) Offered on: March 17, 1998 at:
11:34 a.m. Status: Adopted
- House
- Number: 225645/1 (PDF) Offered on: April 10, 1998 at:
10:30 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- Senate
- March 19, 1998: Third Reading Passed (46-0)
- House
- April 7, 1998: Third Reading Passed (138-0)
- April 10, 1998: Third Reading Passed (128-0)