MD SB198 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 10 2024 - 25% progression
Action: 2024-01-09 - Hearing 1/24 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 10 2024 - 25% progression
Action: 2024-01-09 - Hearing 1/24 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing certain eligible taxpayers who volunteer in a certain elementary and secondary school a credit against the State income tax in an amount equal to $20 for each volunteer hour, not to exceed $500; requiring the State Department of Education, in consultation with the Comptroller, to develop and make available a certain application and tax credit certificate; requiring a certain county board member or school administrator to issue tax credit certificates in a certain manner; making the credit refundable; etc.
Title
Income Tax - Credit for Parent and Guardian Volunteers in Elementary and Secondary Schools
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-09 | Senate | Hearing 1/24 at 1:00 p.m. |
| 2024-01-10 | Senate | First Reading Budget and Taxation |
| 2023-07-11 | Senate | Pre-filed |
Same As/Similar To
HB719 (Crossfiled) 2024-01-26 - Hearing 2/15 at 1:00 p.m.
Subjects
Comptroller
Education, Boards of
Education, State Department of
Income Tax
Parents and Guardians
Primary Schools
Private Schools
Public Schools
Records
School Administration
Secondary Schools
Tax Credits
Taxes - Income
Volunteers
Education, Boards of
Education, State Department of
Income Tax
Parents and Guardians
Primary Schools
Private Schools
Public Schools
Records
School Administration
Secondary Schools
Tax Credits
Taxes - Income
Volunteers
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Education | 1 | 101 | (n/a) | See Bill Text |
| Tax - General | 10 | 758 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0198?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/sb/sb0198f.pdf |
