MD HB1216 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 10 2012 - 25% progression, died in committee
Action: 2012-02-22 - Hearing 3/15 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2012 - 25% progression, died in committee
Action: 2012-02-22 - Hearing 3/15 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Providing a tax credit against the State income tax for contributions made to specified student assistance organizations; requiring the Department of Business and Economic Development to administer the tax credit; requiring specified entities to submit an application to be a student assistance organization by January 1 of each year; establishing the Partnership for Student Education and Community Investment Tax Credit Reserve Fund; applying the Act to taxable years beginning after December 31, 2011; etc.
Title
Partnership for Student Education and Community Investment Tax Credit
Sponsors
| Del. Jay Walker [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-22 | Hearing 3/15 at 1:00 p.m. | |
| 2012-02-10 | First Reading Ways and Means |
Subjects
Appropriations
Business and Economic Development, Department of
Gifts
Income Tax
Nonprofit Organizations
Notices
Private Schools
Public Information
Public Schools
Reports
Revenue and Taxes
Rules and Regulations
Scholarships and Student Financial Aid
Students
Tax Credits
Business and Economic Development, Department of
Gifts
Income Tax
Nonprofit Organizations
Notices
Private Schools
Public Information
Public Schools
Reports
Revenue and Taxes
Rules and Regulations
Scholarships and Student Financial Aid
Students
Tax Credits
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2012rs/billfile/HB1216.htm |
| Text | http://mlis.state.md.us/2012rs/bills/hb/hb1216f.pdf |
