Bill > SB323

This bill increases the amount of the income tax subtraction modification for qualifying public safety volunteers in Maryland from $7,000 to $10,000 for taxable years beginning after December 31, 2024. It also requires police agencies to maintain records of the activities of each police auxiliary or reserve member, provide them with a report on their qualification status, and submit a report to the state certifying which individuals qualified for the subtraction modification. Additionally, the bill establishes similar reporting requirements for fire, rescue, and emergency medical services organizations, as well as the United States Coast Guard Auxiliary, Maryland Defense Force, and Maryland Civil Air Patrol.