HOUSE BILL 857

Sponsored By:

Delegates Boteler, Aumann, Beitzel, Frank, George, Impallaria, Kach, Krebs, McConkey, McDonough, McKee, Stocksdale, and Weir

Entitled:

Income Tax - Credit for Educational Materials - Home Instruction Program

Synopsis:

Allowing the parent, guardian, or custodian of a child to claim a credit against the State income tax up to a specified amount for specified educational materials purchased for use in a home instruction program for that child; providing that the credit may not exceed the State income tax for that taxable year and that any unused credit for a taxable year may not be carried over to any other taxable year; defining specified terms; applying the Act to tax years beginning after December 31, 2006; etc.

History by Legislative and Calendar Date

House Action

2/9

First Reading Ways and Means

2/14

Hearing 3/20 at 1:00 p.m.

3/22

Unfavorable Report by Ways and Means

Senate Action

No Action

Sponsored by:

Delegate Joseph C. Boteler, III, District 8

Delegate Susan L. M. Aumann, District 42

Delegate Wendell R. Beitzel, District 1A

Delegate William J. Frank, District 42

Delegate Ronald A. George, District 30

Delegate Rick Impallaria, District 7

Delegate Wade Kach, District 5

Delegate Susan W. Krebs, District 9B

Delegate Tony McConkey, District 33A

Delegate Pat McDonough, District 7

Delegate Robert A. McKee, District 2A

Delegate Nancy R. Stocksdale, District 5A

Delegate Michael H. Weir, Jr., District 6

Bill indexed under the following Subjects:

Education -see also- Driver Ed; Higher Ed; Special Ed; etc

Equipment -see also- Motor Vehicle Equipment

Income Tax

Students

Tax Credits -see also- Circuit Breaker

Textbooks

Bill affects the following Statute:

Tax - General

( 10-726 )

Documents:

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

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered