MD HB131 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 15 2018 - 25% progression, died in chamber
Action: 2018-03-14 - Unfavorable Report by Ways and Means; Withdrawn
Text: Latest bill text (Introduced) [PDF]

Summary

Increasing, from $2,500 to $5,000, the amount of a subtraction modification under the Maryland income tax for contributions made by certain individuals whose federal adjusted gross income does not exceed $225,000 or, in the case of a married individual filing a separate return, $150,000 to certain college savings plan accounts; applying the Act to taxable years beginning after December 31, 2017; etc.

Tracking Information

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Title

Income Tax Subtraction Modification - College Savings Plan Accounts - Contributions (College Savings Tax Enhancement Act)

Sponsors


History

DateChamberAction
2018-03-14HouseUnfavorable Report by Ways and Means; Withdrawn
2018-01-31HouseHearing 1/31 at 2:00 p.m.
2018-01-15HouseFirst Reading Ways and Means

Subjects


Maryland State Sources


Bill Comments

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