Income Tax - Subtraction Modification - Donations to Food Banks and Other Charitable Entities

SB 935 creates a new $1,000 annual income tax deduction for Maryland taxpayers who donate food or cash specifically designated for food purchases to qualifying charitable entities. It directly affects Maryland residents who make such donations to defined organizations like food banks, homeless shelters, or religious groups providing free food to those in need. The bill requires taxpayers to submit proof of donations with their tax return and establishes criteria for entities to qualify as "qualified charitable entities" through Comptroller registration. The provision takes effect July 1, 2026, and expires June 30, 2029, unless renewed.