MD SB271 | 2014 | Regular Session
Status
Sponsorship: Partisan Bill (Republican 11)
Status: Introduced on January 17 2014 - 25% progression, died in chamber
Action: 2014-02-10 - Unfavorable Report by Budget and Taxation
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 17 2014 - 25% progression, died in chamber
Action: 2014-02-10 - Unfavorable Report by Budget and Taxation
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a parent or guardian a credit against the State income tax for specified home instruction expenses; providing that the credit may not exceed $1,000; providing that the credit may be carried forward to the fifth taxable year after the taxable year in which the expenses were incurred; requiring the Comptroller, in consultation with the State Department of Education, to adopt specified regulations; defining specified terms; applying the Act to taxable years beginning after December 31, 2013; etc.
Title
Income Tax Credit - Home Instruction Expenses
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2014-02-10 | Senate | Unfavorable Report by Budget and Taxation |
| 2014-01-29 | Senate | Hearing 1/29 at 1:45 p.m. |
| 2014-01-27 | Senate | Hearing cancelled |
| 2014-01-29 | Senate | Hearing 1/29 at 1:00 p.m. |
| 2014-01-17 | Senate | First Reading Budget and Taxation |
Subjects
Comptroller
Education
Education - Miscellaneous
Income Tax
Rules and Regulations
Tax Credits
Taxes - Income
Textbooks
Education
Education - Miscellaneous
Income Tax
Rules and Regulations
Tax Credits
Taxes - Income
Textbooks
