MD HB1643 | 2018 | Regular Session

Status

Spectrum: Strong Partisan Bill (Democrat 15-1)
Status: Introduced on February 9 2018 - 25% progression, died in committee
Action: 2018-03-13 - Hearing 3/13 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allowing a certain taxpayer to claim a certain credit against the State income tax for certain contributions during the taxable year to the Maryland Excellence in Education Fund; requiring a certain reduction of itemized deductions if the credit is claimed under certain circumstances; providing that any unused credit may be carried forward to succeeding taxable years, subject to certain limitations; establishing the Maryland Excellence in Education Fund; applying the Act to taxable years beginning after December 31, 2017; etc.

Tracking Information

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Title

Income Tax - Credit for Contributions to the Maryland Excellence in Education Fund

Sponsors


History

DateChamberAction
2018-03-13HouseHearing 3/13 at 1:00 p.m.
2018-03-06HouseHearing canceled
2018-03-07HouseHearing 3/07 at 1:00 p.m.
2018-02-09HouseFirst Reading Ways and Means

Subjects


Maryland State Sources


Bill Comments

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