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Sunday, May 10, 2026

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MD · HB930In committee

Income Tax – Decoupling From Federal Changes – Education Expenses

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Plain-English Summary

Prohibiting the Governor from electing to participate in a certain tax credit program for certain elementary and secondary education scholarships; providing an addition modification under the Maryland income tax for the amount paid by an employer on behalf of an employee as a contribution to a certain account and the amount of any distribution under certain prepaid contracts or investment accounts that is not used for qualified education expenses; applying the Act to all taxable years beginning …

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