The Student Stand - MASC LobbyingFamily Education Savings Account – Subtraction Modifications for Contributions
SB203 / Crossfiled as Not Crossfiled (2010)Allowing a subtraction modification under the Maryland income tax for specified contributions to a family education savings account, subject to specified limitations; applying the Act to tax years after 2009; etc.
| MASC Position: | For |
|---|---|
| Why? | This is a PROPOSED stance. Has not yet been approved This bill would allow families to not pay income tax on income put towards education. It would provide relief to families putting kids through college, who's children need additional help keeping up in school, and in other situations. This will help everyone of our family's, and thousands more across the state. |
| Sponsors: | Madaleno, Brinkley |
| More Info: | Bill Status and Full Text on MLIS Email the MASC Bill Coordinator |
| Hearing Date: | 2010-03-10 01:00:00 (Listed in MASC System; Confirm Here) |
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Updated: Sun 28 Feb 2010 7:46 p.m.