MD HB676 | 2015 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 12 2015 - 25% progression, died in chamber
Action: 2015-03-09 - Unfavorable Report by Ways and Means; Withdrawn
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 12 2015 - 25% progression, died in chamber
Action: 2015-03-09 - Unfavorable Report by Ways and Means; Withdrawn
Text: Latest bill text (Introduced) [PDF]
Summary
Establishing the Higher Education Investment Tax Credit Program to authorize tax credits against the State income tax, public service company franchise tax, and insurance premium tax equal to 50% of the donation made to specified eligible higher education institutions; requiring the donations to be used for specified purposes in priority funding areas; authorizing, each year, the Maryland Higher Education Commission to allocate up to $20,000,000 in tax credits to eligible higher education institutions; etc.
Title
Higher Education Investment Tax Credit Program
Sponsors
History
Date | Chamber | Action |
---|---|---|
2015-03-09 | House | Unfavorable Report by Ways and Means; Withdrawn |
2015-02-24 | House | Hearing cancelled |
2015-02-24 | House | Hearing 2/24 at 1:00 p.m. |
2015-02-12 | House | First Reading Ways and Means |
Subjects
Commerce and Business
Franchise Tax
Gifts
Higher Education
Higher Education Commission
Income Tax
Insurance
Reports
Revenue and Taxes
Rules and Regulations
Tax Credits
Taxes - Income
Taxes - Miscellaneous
Franchise Tax
Gifts
Higher Education
Higher Education Commission
Income Tax
Insurance
Reports
Revenue and Taxes
Rules and Regulations
Tax Credits
Taxes - Income
Taxes - Miscellaneous