Income Tax - Student Loan Debt Relief Tax Credit - Alterations
Sponsor: Julie Palakovich Carr (District 17)Committee: Ways and MeansSubject: Taxes - IncomeStatus: First Reading Senate Rules (as of Sep 4, 2026)
What this bill does
Official synopsis
Altering certain provisions of law governing the recapture of certain amounts of the credit against the State income tax for certain individuals with student loan debt to require the recapture of the unused amount of the credit rather than the total amount; authorizing the Maryland Higher Education Commission to extend the period of time that an individual who claims the credit has to prove that the individual used the credit to repay the individual's student loan debt under certain circumstances; etc.
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Testimony (8)
MGA witness listFAV 8Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | White, Marcelinelobbyist | Economic Action Maryland | Written (PDF) |
| FAV | Jabin, Drew | Maryland Association of Community Colleges | Written (PDF) |
| FAV | Peck, Beatrix | Maryland Independent College & University Association | Written (PDF) |
| FAV | Lamb, Laurenlobbyist | Maryland State Education Association | Written (PDF) |
| FAV | Cano, Christopherlobbyist | SEIU Local 500 | Oral + Written (PDF) |
| FAV | Delegate Palakovich Carr, Delegate Palakovich Carrlegislator | Individual | Oral |
| FAV | Ferrell, Nathan | Individual | Written (PDF) |
| FAV | Palakovich Carr, Julie | Individual | Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVWhite, MarcelineEconomic Action MarylandRegistered for: Maryland Consumer Rights Coalition DBA Economic Action Maryland; Maryland Consumer Rights Coalition
FAVLamb, LaurenMaryland State Education AssociationRegistered for: Maryland State Education Association