MD SB935

Creates a Maryland income tax subtraction of up to $1,000 for donations of food or cash designated for food purchases made to qualified charitable entities that provide food at no charge to individuals in need

Qualified charitable entities include food banks, homeless shelters, domestic violence shelters, religious organizations, and other charitable organizations registered with the Comptroller as food distributors

Taxpayers must file proof of donation value and the names of recipient organizations with their tax return to claim the subtraction

Applies to both individual and corporate income taxes for taxable years beginning after December 31, 2025, but before January 1, 2029

Includes a sunset provision automatically terminating the program on June 30, 2029, with a required Comptroller report to the General Assembly by January 1, 2029 on whether donations increased