Increasing, from $2,500 to $5,000, the maximum amount allowed in a taxable year as a subtraction modification under the Maryland income tax for certain payments or contributions made by an account holder or a contributor under a Maryland Prepaid College Trust contract, the Maryland Senator Edward J. Kasemeyer College Investment Plan, and the Maryland Broker-Dealer College Investment Plan; and applying the Act to taxable years beginning after December 31, 2020.
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2021
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Last Updated: 4/1/2021 4:34 PM