summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to create an income tax credit for qualified tuition and fees for higher education. Revenue.
AI Summary
This bill proposes to create an income tax credit for up to 20% of the cost of qualified tuition and fees for higher education, with a maximum credit of $5,000 per year. The credit can be applied in the year the expenses are incurred and any excess can be carried over for the following seven tax years.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a study order, see H5080 (on 11/02/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/H2612 |
Bill | https://malegislature.gov/Bills/191/H2612.pdf |
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