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Sunday, May 10, 2026

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MD · HB547Introduced

Income Tax - Enhanced Agricultural Management Equipment Subtraction Modification and Parent of a Stillborn Child Credit

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Plain-English Summary

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 issue…

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