File Code: Taxes - Income
- Sponsored By:
-
Delegate Leopold
- Entitled:
-
Income Tax - Subtraction Modification for Interest on Student Loans
Providing a subtraction modification under the Maryland individual
income tax for interest paid on indebtedness incurred to pay tuition,
fees, room, and board for an individual or a dependent of an
individual to attend an institution of higher education; providing
that the subtraction does not include interest that is qualified
residence interest under the Internal Revenue Code if the individual
itemizes deductions; and applying the Act to tax years after 1995.
House Action
- 1/17
- First Reading Ways and Means
- 1/31
- Hearing 2/8 at 11:00 a.m.
- 3/14
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Bill indexed under the following Subjects:
- EXEMPTIONS
- HIGHER EDUCATION -see also- STATE UNIVERSITIES AND COLLEGES.
- INCOME TAX
- INTEREST
- LOANS
- STUDENTS
- TUITION
- Bill affects the following Statutes:
- Tax - General
- (
10-208 ,
10-208
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
None available
