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Lawmakers back SB 805 to prorate student loan tax-credit recapture, extend spend-down windows
Ways and Means Committee · April 3, 2026
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Summary
Representatives told the Ways and Means Committee that SB 805 would change Maryland law to prorate recapture of unused student loan tax credits and let the Higher Education Commission extend spend-down periods for borrowers affected by federal IDR backlog or litigation.
A representative for Senator Hettleman asked the Ways and Means Committee to support Senate Bill 805, which would adjust Maryland's student loan tax-credit recapture rules and give the Maryland Higher Education Commission limited authority to extend claim periods for…
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