Income Tax - Subtraction Modification - Donations to Food Banks and Other Charitable Entities

Summary

The bill creates a new subtraction from Maryland adjusted gross income for individuals who donate food or cash specifically earmarked for food purchases to qualified charitable entities, capping the benefit at $1,000 per year. Taxpayers must list each charity, provide proof of value, and meet any additional requirements the Comptroller sets. The Comptroller must also report by Jan. 1, 2029 on whether the deduction spurred higher donations.

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

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