Income Tax - Credit for Small Political Contributions

Summary

The bill lets Maryland taxpayers claim a credit against their state income tax for qualifying political contributions made to campaign‑finance entities, with a maximum credit of $50 per individual or $100 per married couple, and any excess over tax owed is refunded. The credit can be claimed only once per taxpayer each year and applies to taxable years beginning after Dec 31 2025 through Dec 31 2030. The Comptroller must report the credit’s usage and fiscal impact annually.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Hearings

• Ways and Means — Bill Hearing
  Ways and Means · Mar 10, 2026

History

1. Feb 16, 2026Hearing 3/10 at 1:00 p.m.
2. Feb 13, 2026First Reading Ways and Means

Sponsors

• Young · sponsor

Bill text

Opens the legislature’s own copy.

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