Education - Financial Literacy Curriculum (Financial Literacy for All Act) [HB-138]
[Education ]
[Finance ]
[Consumer Protection ]
[Children and Youth ]
Requiring the State Department of Education to update the Maryland State Curriculum for Personal Financial Literacy Education and corresponding financial literacy standards to include certain content; requiring the State Board of Education to develop online or virtual curriculum content in financial literacy, including a certain course; authorizing each county board of education to offer the financial literacy curriculum content in every public high school in the county for credit, beginning in the 2025-2026 school year; etc.
HB-138: Education - Financial Literacy Curriculum (Financial Literacy for All Act)
Sponsored by: Rep. Marlon Amprey
Withdrawn By Sponsor on 02/12/2024
Income Tax - Credit for Cybersecurity Measures Undertaken by Small Businesses [HB-936]
[Taxes ]
[Cybersecurity ]
[Small Business ]
[Technology and Innovation ]
[Economic Development ]
Authorizing a credit against the State income tax for a certain small business that employs 50 or fewer employees for costs incurred by the small business during the taxable year for certain cybersecurity measures undertaken by the small business; making the credit refundable; and applying the Act to all taxable years beginning after Decmber 31, 2022.
HB-936: Income Tax - Credit for Cybersecurity Measures Undertaken by Small Businesses
Sponsored by: Rep. Nicholaus Kipke
First Reading Ways And Means on 02/10/2023
Income Tax - Credit for Firearm Safety Devices [SB-655]
[Firearms/Gun Control ]
[Taxes ]
[Consumer Protection ]
[Public Safety ]
Authorizing a credit against the State income tax for the purchase of certain firearm safety devices in an amount equal to the lesser of 100% of the purchase price or $250 during the taxable year; making the credit refundable; requiring proof of purchase to be provided to the Comptroller for a firearm safety device for which an individual is claiming a credit; and applying the Act to all taxable years beginning after December 31, 2022.
SB-655: Income Tax - Credit for Firearm Safety Devices
Sponsored by: Sen. Jill Carter
Hearing 3/09 At 1:00 P.m. on 02/07/2023
Corporate Income Tax - Combined Reporting [SB-576]
[Taxes ]
[Finance ]
[Budget and Spending ]
Requiring affiliated corporations to compute Maryland taxable income using a certain combined reporting method; authorizing certain corporations, subject to regulations adopted by the Comptroller, to determine certain income using the water's edge method; providing a subtraction modification under the Maryland corporate income tax for certain changes to a certain combined group's deferred tax assets or liabilities that are the result of certain provisions of the Act; etc.
SB-576: Corporate Income Tax - Combined Reporting
Sponsored by: Sen. James Rosapepe
Hearing 3/07 At 1:00 P.m. on 02/07/2023
Income Tax - Itemized Deductions [HB-647]
[Taxes ]
Allowing an individual to itemize deductions to compute Maryland taxable income whether the individual itemizes deductions on the individual's federal income tax return; and providing that Maryland itemized deductions shall be determined in a certain manner for an individual who does not itemize deductions on the individual's federal income tax return.
HB-647: Income Tax - Itemized Deductions
Sponsored by: Rep. Nicholaus Kipke
Hearing 2/23 At 1:00 P.m. on 02/07/2023
Income Tax Checkoff - Maryland Veterans Trust Fund [SB-354]
[Taxes ]
[Veterans ]
[Funding ]
Establishing a certain income tax checkoff for voluntary contributions to the Maryland Veterans Trust Fund; and requiring, for taxable years beginning after December 31, 2024, the Comptroller to include a checkoff on individual income tax return forms for voluntary contributions to the Fund and to include certain information in each individual income tax return package.
SB-354: Income Tax Checkoff - Maryland Veterans Trust Fund
Sponsored by: Sen. Joanne Benson
Approved By The Governor - Chapter 617 on 05/12/2023
Tax Clinics for Low-Income Marylanders - Funding - Repeal of Sunset [SB-312]
[Taxes ]
[Funding ]
[Grants ]
[Poverty ]
[Law Enforcement ]
[Budget and Spending ]
[Consumer Protection ]
[Human Services ]
Repealing the termination date of certain provisions of law requiring the Comptroller to distribute a certain amount of certain abandoned property funds to the Tax Clinics for Low-Income Marylanders Fund which provides grants to the University of Maryland School of Law, the University of Baltimore School of Law, and the Maryland Volunteer Lawyers Service to operate tax clinics for low-income Maryland residents.
SB-312: Tax Clinics for Low-Income Marylanders - Funding - Repeal of Sunset
Sponsored by: Sen. James Rosapepe
Approved By The Governor - Chapter 495 on 05/08/2023
Tax Clinics for Low-Income Marylanders - Funding - Repeal of Sunset [HB-346]
[Taxes ]
[Funding ]
[Grants ]
[Poverty ]
[Law Enforcement ]
[Budget and Spending ]
[Consumer Protection ]
[Human Services ]
Repealing the termination date of certain provisions of law requiring the Comptroller to distribute a certain amount of certain abandoned property funds to the Tax Clinics for Low-Income Marylanders Fund which provides grants to the University of Maryland School of Law, the University of Baltimore School of Law, and the Maryland Volunteer Lawyers Service to operate tax clinics for low-income Maryland residents.
HB-346: Tax Clinics for Low-Income Marylanders - Funding - Repeal of Sunset
Sponsored by: Rep. Samuel Rosenberg
Approved By The Governor - Chapter 496 on 05/08/2023
Income Tax Checkoff - Maryland Veterans Trust Fund [HB-316]
[Taxes ]
[Veterans ]
[Funding ]
Establishing a certain income tax checkoff for voluntary contributions to the Maryland Veterans Trust Fund; requiring the Comptroller to include certain information in each individual income tax return package; etc.
HB-316: Income Tax Checkoff - Maryland Veterans Trust Fund
Sponsored by: Rep. Seth Howard
Approved By The Governor - Chapter 618 on 05/12/2023
Maryland Estate Tax - Portability - Time Period for Election [HB-179]
[Taxes ]
[Senior Citizens ]
[Retirement ]
Altering the period of time within which a person is required to file a Maryland estate tax return for the purpose of allowing a surviving spouse to take into account the deceased spousal unused exclusion amount to be consistent with the time for making a federal election; and applying the Act retroactively to any decedents dying on or after January 1, 2019.
HB-179: Maryland Estate Tax - Portability - Time Period for Election
Sponsored by: Rep. Jon Cardin
Approved By The Governor - Chapter 714 on 05/16/2023