File Code: Income
Crossfiled with: SENATE BILL 471
- Sponsored By:
-
Delegate Mandel
- Entitled:
-
State Income Tax Credits for Charitable Giving
Allowing a credit against the State income tax for 10% of the amount
by which an individual's charitable contributions for a taxable year
exceed 4% of the individual's adjusted gross income; limiting the
credit to the State income tax otherwise imposed for the taxable year;
and applying the Act to tax years after 1998.
House Action
- 2/11
- First Reading Ways and Means
- 2/24
- Hearing 3/12 at 1:00 p.m.
- 3/22
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Bill indexed under the following Subjects:
- GIFTS
- INCOME TAX
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statute:
- Tax - General
- (
10-712
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
