MD SB374 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 10-3)
Status: Passed on April 26 2016 - 100% progression
Action: 2016-04-26 - Approved by the Governor - Chapter 197
Text: Latest bill text (Chaptered) [PDF]

Summary

Providing a subtraction modification under the Maryland income tax for contributions made by specified individuals to specified college savings accounts subject to specified limitations; defining specified terms; and applying the Act to all taxable years beginning after December 31, 2015.

Tracking Information

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Title

Income Tax Subtraction Modification - College Savings Plans - Contributions

Sponsors


Roll Calls

2016-04-01 - House - House Floor - Third Reading Passed (137-0) (Y: 137 N: 0 NV: 1 Abs: 3) [PASS]
2016-03-21 - Senate - Senate Floor - Third Reading Passed (45-0) (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2016-04-26SenateApproved by the Governor - Chapter 197
2016-04-08SenateReturned Passed
2016-04-07HouseThird Reading Passed (137-0)
2016-04-06HouseSecond Reading Passed
2016-04-06HouseFavorable Report Adopted
2016-04-06HouseFavorable Report by Ways and Means
2016-03-29HouseHearing 3/29 at 1:00 p.m.
2016-03-21HouseFirst Reading Ways and Means
2016-03-21SenateThird Reading Passed (45-0)
2016-03-18SenateSecond Reading Passed with Amendments
2016-03-18SenateFavorable with Amendments {279038/1 Report Adopted
2016-03-18SenateFavorable with Amendments Report by Budget and Taxation
2016-02-17SenateHearing 2/17 at 1:00 p.m.
2016-01-28SenateFirst Reading Budget and Taxation

Subjects


Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0374?ys=2016rs
Texthttps://mgaleg.maryland.gov/2016RS/bills/sb/sb0374f.pdf
Texthttps://mgaleg.maryland.gov/2016RS/bills/sb/sb0374t.pdf
Texthttps://mgaleg.maryland.gov/2016RS/Chapters_noln/CH_197_sb0374t.pdf
Amendmenthttps://mgaleg.maryland.gov/2016RS/amds/bil_0004/sb0374_27903801.pdf
Supplementhttps://mgaleg.maryland.gov/2016RS/fnotes/bil_0004/sb0374.pdf
Supplementhttps://mgaleg.maryland.gov/2016RS/votes_comm/sb0374_b&t.pdf
Supplementhttps://mgaleg.maryland.gov/2016RS/votes_comm/sb0374_w&m.pdf
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0374,s-0659&stab=02&ys=2016RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0374,h-1114&stab=02&ys=2016RS

Bill Comments

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