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Neutral Bill Mar 16, 2026

Income Tax - Credit for Individuals Residing With and Caring for Elderly Parents

Allowing a credit of $3,000 against the State income tax for an individual who resides with and provides care for a certain elderly parent during the taxable year under certain circumstances; making the credit refundable; and applying the Act to all taxable years beginning after December 31, 2025.

https://legiscan.com/MD/bill/SB151/2026
William Folden State Senator
Income tax RESIDENCY Tax Returns Tax Credits Caregivers Time Taxes - Income Low-Income Parents and Guardians Elderly Persons (65+) Moderate-Income Support of Dependents
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