SENATE BILL 203

Sponsored By:

Senators Madaleno and Brinkley

Entitled:

Family Education Savings Account Act - Subtraction Modification for Contributions

Synopsis:

Allowing a subtraction modification under the Maryland income tax for specified contributions to a family education savings account, subject to specified limitations; applying the Act to tax years after 2009; etc.

History by Legislative and Calendar Date

Senate Action

1/21

First Reading Budget and Taxation

1/27

Hearing 2/10 at 1:00 p.m.

2/9

Hearing cancelled

2/10

Hearing 2/19 at 8:30 a.m.

2/16

Hearing cancelled

2/17

Hearing 3/10 at 1:00 p.m.

House Action

No Action

Sponsored by:

Senator Richard S. Madaleno, Jr., District 18

Senator David R. Brinkley, District 4

Bill indexed under the following Subjects:

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

Exemptions

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

Income Tax

Bill affects the following Statutes:

Tax - General

( 10-208 , 10-208 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered