Income Tax - Enhanced Agricultural Management Equipment Subtraction Modification and Parent of a Stillborn Child Credit
What this bill does
Requiring the Secretary of Agriculture, by December 1, 2026, and each December 1 thereafter, to report to the Governor and the General Assembly on additional types of equipment that the Secretary recommends should qualify for the subtraction modification under the Maryland income tax for enhanced agricultural management equipment; allowing a certain parent of a stillborn child a refundable credit of $1,000 against the State income tax for each birth for which a certain certificate has been issued; etc.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.