R037-9900

10				A RESOLUTION CONCERNING

20			TAX EXEMPTION FOR STUDENT LEADERS



30 	WHEREAS: 		Student leaders that receive monetary compensation for their

40 			services are taxed; and,



50 	WHEREAS: 		Student leaders that receive compensation are considered

60			employees of the school; and,



70 	WHEREAS:	 	Compensation is earmarked as a tuition waiver or stipend which 

80			is considered to be meant as a scholarship; and, 



90 	WHEREAS:		Scholarships and other Financial assistance are not taxed; and.



100 	THEREFORE BE IT RESOLVED:	That the Maryland Student

110			Legislature strongly suggest that legislation be passed for student

120			leaders that receive monetary compensation be tax free; and,						



130  	BE IT FURTHER RESOLVED: That the Maryland Student Legislature believes

140  			that compensation should be considered a 

150			scholarship or grant for tax purposes; and,



160	BE IT FURTHER RESOLVED: That the Maryland Student Legislature believes 

170			that student leaders should not be considered employees of the

180			school for tax purposes.



190 	MANDATES: 	President William Clinton, United States of America

200			Governor Parris N. Glendenning

210			Lawrence H. Summers, Secretary of the treasury

220			William Donald Schaefer, State Comptroller 



Sponsor:

Adam Hughes 

University of Maryland, Baltimore County

Erickson  #452

1000 Hilltop Circle 

Baltimore, MD 21250

443-612-7416

Hughes@fred.net