Income Tax - Itemized Deductions - Charitable Donations
HB 33 adjusts Maryland income tax treatment of charitable donation itemized deductions, potentially affecting nonprofit fundraising and state tax revenue.
HB 33 adjusts Maryland income tax treatment of charitable donation itemized deductions, potentially affecting nonprofit fundraising and state tax revenue.
HB 33 modifies Maryland's income tax code to adjust how itemized deductions are treated, specifically regarding charitable donations. The bill has been introduced and referred to the Ways and Means Committee, with a hearing scheduled for February 5, 2026. The exact provisions are not detailed in the available action history.
Changes to charitable donation deductions directly affect both individual taxpayers' incentives to donate and nonprofit organizations' funding streams. Maryland nonprofits, religious institutions, and charitable organizations depend partly on tax incentives that encourage giving, making this a consequential policy decision for the charitable sector.
Compiled from official sources — confirm details with the bill’s official record.
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