SENATE BILL 388

Sponsored By:

Senators McFadden and Miller

Entitled:

Income Tax Credit for Graduate Level Education - Nonpublic School Teachers

Synopsis:

Allowing teachers in specified nonpublic schools to claim a credit against the State income tax under specified circumstances for up to $1,500 of tuition paid by the teacher for graduate level education required to maintain certification; and applying the Act to tax years after 2007.

History by Legislative and Calendar Date

Senate Action

1/30

First Reading Budget and Taxation

2/6

Hearing 2/20 at 1:00 p.m.

2/13

Hearing cancelled

Hearing 2/27 at 1:00 p.m.

House Action

No Action

Sponsored by:

Senator Nathaniel J. McFadden, District 45

Senator Thomas V. Mike Miller, Jr., District 27

Bill indexed under the following Subjects:

Higher Education -see also- Comm Colleges; Med Schools; etc.

Income Tax

Private Schools

Tax Credits -see also- Circuit Breaker

Teachers

Tuition

Bill affects the following Statute:

Tax - General

( 10-717 )

Documents:

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

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

Amendments: None offered