Maryland HB1521 provides income tax credits for contributions to at-risk youth programs, volunteerism at schools, and employment of at-risk youth.
Maryland HB1521 introduces income tax credits for contributions to organizations supporting at-risk youth, volunteerism at public schools and recreation centers, and employment of at-risk youth. Eligible organizations include nonprofits, local education agencies, government agencies, faith-based organizations, and public schools. The credit for contributions is 50% of the qualified contribution, up to $5,000 for individuals and $100,000 for businesses. Volunteers can claim $25 per day, up to $500 annually, if they volunteer at least one hour a day, accompanied by school officials.
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