Bill No. HB351
Summary
Status
Sponsors
Texts
Votes
Amendments
Supplements
History
Summary
Bill ID
1389953
State
MD
Title
Income Tax – Subtraction Modification for Qualified Higher Education Expenses – Annual Limitation
Description
Increasing, from $2,500 to $5,000, the maximum amount allowed in a taxable year as a subtraction modification under the Maryland income tax for certain payments or contributions made by an account holder or a contributor under a Maryland Prepaid College Trust contract, the Maryland Senator Edward J. Kasemeyer College Investment Plan, and the Maryland Broker-Dealer College Investment Plan; and applying the Act to taxable years beginning after December 31, 2020.
Bill Type
Bill
Category
529 Accounts
Session
2021 Regular Session
Special Session
No Data Available
Status
Current Status
Introduced
Status Last Updated
2021-01-13
Pending Committee
Calendar
Hearing
2021-01-21
13:30
House Ways and Means Hearing
Sponsors
Sponsors
R
Rep
Michael Malone
HD-033
1
0
Texts
Texts
2020-12-29
Introduced
application/pdf
https://legiscan.com/MD/text/HB351/id/2225188
Votes
Votes
No data available
Amendments
Amendments
No data available
Supplements
Supplements
No data available
History
Progress
2021-01-13
Introduced
2021-01-13
Refer
History
2020-10-28
Pre-filed
H
2021-01-13
First Reading Ways and Means
H
2020-12-22
Hearing 1/21 at 1:00 p.m.
H
2020-12-22
Hearing canceled
H
2020-12-22
Hearing 1/21 at 1:30 p.m.
H