MD HB64 | 2016 | Regular Session

Maryland House Bill 64 (Prior Session Legislation)

Status

Sponsorship: Partisan Bill (Democrat 1)
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 an individual who pays specified tuition and fees at a community college to claim a credit against the State income tax up to the amount of State income tax imposed or tuition paid for the taxable year; prohibiting an individual from claiming the credit for the amount of tuition otherwise covered by grants or loans; requiring the Comptroller to adopt specified regulations; applying the Act to taxable years beginning after December 31, 2015; etc.

Title

Income Tax Credit - Payment of Tuition at a Community College

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
2015-08-20	House	Pre-filed

Subjects

Community Colleges
Comptroller
Grants
Higher Education
Income Tax
Loans
Records
Rules and Regulations
Tax Credits
Taxes - Income
Tuition

Maryland State Sources

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0064?ys=2016rs
Text	https://mgaleg.maryland.gov/2016RS/bills/hb/hb0064f.pdf
Supplement	https://mgaleg.maryland.gov/2016RS/fnotes/bil_0004/hb0064.pdf