SENATE BILL 315

Sponsored By:

Senators DeGrange, Brinkley, Currie, Dyson, Glassman, Jacobs, Mathias, McFadden, Peters, and Reilly

Entitled:

Building Opportunities for All Students and Teachers (BOAST) in Maryland Tax Credit

Synopsis:

Providing a tax credit against the State income tax for contributions made to an eligible educational scholarship organization or an eligible innovative educational organization; requiring the State Department of Education to administer the tax credit; requiring specified entities to submit an application to be an eligible organization by January 1 of each year; establishing the Building Opportunities for All Students and Teachers Reserve Fund; etc.

History by Legislative and Calendar Date

Senate Action

2/2

First Reading Budget and Taxation

2/16

Hearing 3/9 at 1:00 p.m.

House Action

No Action

Sponsored by:

Senator James E. DeGrange, Sr., District 32

Senator David R. Brinkley, District 4

Senator Ulysses Currie, District 25

Senator Roy P. Dyson, District 29

Senator Barry Glassman, District 35

Senator Nancy Jacobs, District 34

Senator James N. Mathias, Jr., District 38

Senator Nathaniel J. McFadden, District 45

Senator Douglas J. J. Peters, District 23

Senator Edward R. Reilly, District 33

Bill indexed under the following Subjects:

Appropriations

Comptroller

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

Education, State Department of

Gifts

Grants

Income Tax

Nonprofit Organizations

Notices

Private Schools

Publications -see also- Maryland Register

Public Schools

Reports

Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.

Rules and Regulations

Scholarships and Student Financial Aid

Tax Credits -see also- Circuit Breaker

Teachers

Tuition

Bill affects the following Statutes:

Tax - General

( 10-205 , 10-205 , 10-306 , 10-306 , 10-729 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered