MD HB860 | 2018 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Introduced on February 2 2018 - 25% progression, died in committee
Action: 2018-03-08 - Hearing 3/08 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Authorizing a credit against the State income tax for the amount certain individuals pay toward certain student loans during the taxable year; providing for the carryforward of the credit; authorizing certain individuals, on or before December 1 each year, to apply to the Department of Commerce for the credit; requiring the application to contain certain information; requiring the Department and the Maryland Higher Education Commission jointly to review the applications and award the tax credits; applying the Act; etc.

Tracking Information

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Title

Income Tax Credit - Individuals Working in STEM Fields - Student Loan Payments

Sponsors


History

DateChamberAction
2018-03-08HouseHearing 3/08 at 1:00 p.m.
2018-02-20HouseHearing canceled
2018-03-07HouseHearing 3/07 at 1:00 p.m.
2018-02-02HouseFirst Reading Ways and Means

Subjects


Maryland State Sources


Bill Comments

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