File Code: Taxes - Income
Prior Year Introduction As: HB 564/99 - W&M
- Sponsored By:
-
Delegate Stocksdale
- Entitled:
-
Take Credit for Learning - Income Tax Credit and Subtraction
Modification for Education Expenses
Allowing an income tax subtraction modification for specified
education-related expenses paid for dependents in kindergarten through
grade 12, subject to specified limitations; allowing an individual
with federal adjusted gross income not exceeding $33,500 to claim a
State income tax credit for specified education-related expenses paid
for dependents in kindergarten through grade 12, subject to specified
limitations; making the credit refundable under certain circumstances;
etc.
House Action
- 07/7
- Pre-filed
- 1/12
- First Reading Ways and Means
- 1/19
- Hearing 1/26 at 1:00 p.m.
- 1/26
- Hearing cancelled
- Hearing 2/3 at 2:00 p.m.
- 2/21
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Bill indexed under the following Subjects:
- COMPUTERS
- EDUCATION -see also- DRIVER ED; HIGHER ED; SPECIAL ED; etc
- EXEMPTIONS
- INCOME TAX
- PUBLIC SCHOOLS
- TAX CREDITS -see also- CIRCUIT BREAKER
- TEXTBOOKS
- TRANSPORTATION -see also- AIRCRAFT; AIRPORTS; BOATS; etc
- TUITION
- Bill affects the following Statutes:
- Tax - General
- (
10-208 ,
10-208 ,
10-718 ,
10-809
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
