MD SB244 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Engrossed on March 18 2019 - 50% progression, died in committee
Action: 2019-03-20 - Hearing 3/27 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on March 18 2019 - 50% progression, died in committee
Action: 2019-03-20 - Hearing 3/27 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Authorizing a credit against the State income tax for certain individuals with outstanding student loan debt during the taxable year if the debt was incurred to attend an institution of higher education, a certain degree was obtained, and the individual is employed full-time by a Maryland-based employer in a certain field; authorizing certain individuals, on or before December 1 each year, to apply for the credit; providing the total amount of credits issued annually may not exceed $1,000,000; etc.
Title
Income Tax Credit - Individuals Working in STEM Fields - Student Loan Payments
Sponsors
Roll Calls
2019-03-16 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 47 N: 1 NV: 1 Abs: 2) [PASS]
History
Date | Chamber | Action |
---|---|---|
2019-03-20 | House | Hearing 3/27 at 1:00 p.m. |
2019-03-19 | House | First Reading Ways and Means |
2019-03-18 | Senate | Third Reading Passed (46-0) |
2019-03-14 | Senate | Second Reading Passed with Amendments |
2019-03-14 | Senate | Favorable with Amendments {679738/1 Report Adopted |
2019-03-14 | Senate | Favorable with Amendments Report by Budget and Taxation |
2019-01-25 | Senate | Hearing 2/06 at 1:00 p.m. |
2019-01-25 | Senate | First Reading Budget and Taxation |
Subjects
Commerce, Department of
Higher Education
Higher Education Commission
Income Tax
Industry and Technology
Loans
Notices
Reports
Revenue and Taxes
Rules and Regulations
Scholarships and Student Financial Aid
Tax Credits
Taxes - Income
Telecommunications and Information Technology
Work, Labor and Employment
Higher Education
Higher Education Commission
Income Tax
Industry and Technology
Loans
Notices
Reports
Revenue and Taxes
Rules and Regulations
Scholarships and Student Financial Aid
Tax Credits
Taxes - Income
Telecommunications and Information Technology
Work, Labor and Employment