HOUSE BILL 548

Sponsored By:

Delegates Healey, Howard, Boschert, Cardin, Cryor, C. Davis, Elmore, Gilleland, Hixson, and King

Entitled:

Tax Credit for Employer-Established Paid Work-Based Learning Programs for Students

Synopsis:

Authorizing eligible parties to establish specified approved paid work-based learning programs under which arrangements are made between schools and employers to provide students with specified structured employer-supervised learning; allowing a credit against the State income tax or the insurance premiums tax for wages paid to each student under an approved program; providing for calculation of the credit; providing for the carrying forward of the credit if it exceeds the total tax otherwise payable for a taxable year; etc.

History by Legislative Date

House Action

2/3

First Reading Ways and Means

2/15

Hearing 2/25 at 1:30 p.m.

3/14

Withdrawn

Senate Action

No Action

Sponsored by:

Delegate Anne Healey, District 22

Delegate David G. Boschert, District 33A

Delegate Jon S. Cardin, District 11

Delegate Jean B. Cryor, District 15

Delegate Clarence Davis, District 45

Delegate D. Page Elmore, District 38A

Delegate Terry R. Gilleland, Jr., District 32

Delegate Sheila E. Hixson, District 20

Delegate Carolyn J. B. Howard, District 24

Delegate Nancy J. King, District 39

Bill indexed under the following Subjects:

CONSTRUCTION

EDUCATION, DEPARTMENT OF

EDUCATION -see also- DRIVER ED; HIGHER ED; SPECIAL ED; etc

INCOME TAX

INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS

REPORTS

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

RULES AND REGULATIONS

STUDENTS

SUNSET

TAX CREDITS -see also- CIRCUIT BREAKER

WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc

Bill affects the following Statutes:

Education

( 21-501 )

Insurance

( 6-118 )

Tax - General

( 10-711 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered