MD HB54 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 13 2016 - 25% progression, died in committee
Action: 2016-01-27 - Hearing 1/27 at 2:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 13 2016 - 25% progression, died in committee
Action: 2016-01-27 - Hearing 1/27 at 2:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing specified business entities a credit against the State income tax for the cost of hiring student employees who attend a high school at which at least 80% of the registered students are eligible for the federal free or reduced price meal program and who work for the business entity for specified time periods; providing that the credit may not exceed $5,000 for any taxable year; applying the Act to all taxable years beginning after December 31, 2015; etc.
Title
Income Tax Credit - Student Employees
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-27 | House | Hearing 1/27 at 2:00 p.m. |
| 2016-01-13 | House | First Reading Ways and Means |
| 2015-05-05 | House | Pre-filed |
Subjects
Income Tax
Nonprofit Organizations
Records
Students
Tax Credits
Taxes - Income
Work, Labor and Employment
Youth
Nonprofit Organizations
Records
Students
Tax Credits
Taxes - Income
Work, Labor and Employment
Youth
