Maryland SB882 provides an income tax credit for educators with student loan debt who work in public primary or secondary schools.

Maryland SB882 establishes an income tax credit for full-time educators in public primary or secondary schools who have outstanding student loan debt. Eligible individuals must participate in the Career Ladder established under the Education Article. The credit is equal to one-fifth of the total amount of the student loan debt, with a maximum credit based on the amount available. The Maryland Higher Education Commission awards the credit and must report annually on the program's impact.

Maryland SB882 provides an income tax credit for educators with student loan debt who work in public primary or secondary schools.

Maryland SB882 establishes an income tax credit for full-time educators in public primary or secondary schools who have outstanding student loan debt. Eligible individuals must participate in the Career Ladder established under the Education Article. The credit is equal to one-fifth of the total amount of the student loan debt, with a maximum credit based on the amount available. The Maryland Higher Education Commission awards the credit and must report annually on the program's impact.