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Ways and Means advances DECADE Act, tax and education measures; isolated opposition on immigration, wage study bills
Summary
The House Ways and Means Committee on April 10 advanced a slate of tax, education and workforce bills — including the DECADE Act and student‑loan tax credit changes — while recording opposition to amendments or final passage on a small number of measures; no bill on the docket was defeated.
The House Ways and Means Committee, chaired by Janelle Wilkins, moved a broad package of bills forward during its April 10 voting session, advancing changes to economic development and tax policy, adjustments to retirement and student loan tax preferences, and several education and workforce items.
The session began with Senate Bill 388, the DECADE Act. "This administration bill alters, enhances, and transfers various economic development programs and tax credits," Delegate Delia Polakovich Carr said, summarizing amendments that also exempt certain related‑party sales of information technology services from sales and use tax and incorporate provisions from HB 898 regarding the Maryland Economic Development Assistance Fund and related incentives. The committee adopted subcommittee amendments and voted the bill favorably with amendments.
Policymakers also advanced a pair of cross‑filed bills (HB 653 and SB 607) to raise, over five years, the maximum income tax subtraction modification for public‑safety retirement income from $15,000 to $20,000; the measures passed by voice vote. The panel moved SB 704, which allows certain qualified agricultural property owners to transfer ownership to…
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