- Title
- Income Tax - Subtraction Modification - Living Organ Donors
- Sponsored by
- Senators Young, Benson, Corderman, Elfreth, Feldman, Klausmeier, Patterson, Salling, and Waldstreicher
- Status
- In the Senate - Hearing 1/14 at 11:00 a.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Increasing, from $7,500 to $10,000, the amount of a subtraction modification under the Maryland income tax for certain expenses paid or incurred by an individual that are attributable to the individual's donation of an organ; altering the definition of "qualified expenses" for purposes of the subtraction modification to include unreimbursed expenses for child care, elder care, and medication; applying the Act to taxable years beginning after December 31, 2020; etc.
Committees
- Original:
- Budget and Taxation
Details
Statutes
Last Updated: 1/15/2021 4:41 PM