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Key Votes

SB 373 - Tax Credit for Educational Donations - Key Vote

Maryland Key Votes




Stage Details

Legislation - Bill Sent To Committee (House) -
Legislation - Bill Passed (Senate) (30-17) - (Key vote)

Title: Tax Credit for Educational Donations

Vote Result
Yea Votes
Nay Votes
- Creates a state income tax credit for 75% of the contributions made by a business entity to an eligible educational scholarship organization or eligible innovative educational organization [Sec 10-726(B)(1)]. - Limits businesses to claiming no more than $200,000 annually in tax credits [Sec. 10-726(III)(B)(2)]. - States that any unused amount of tax credit may not be carried over to any other taxable year [Sec 10-276(H)].
Legislation - Introduced (Senate) -

Title: Tax Credit for Educational Donations


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