Maryland SB356 provides a tax credit for parents of stillborn children.

Maryland SB356 introduces a state income tax credit for parents of stillborn children. The credit is up to $1,000 for each birth where a certificate of stillbirth has been issued. If the credit exceeds the state income tax for the year, the parent may claim a refund for the excess amount. This Act will take effect on July 1, 2026, and applies to all taxable years beginning after December 31, 2026.

Maryland SB356 provides a tax credit for parents of stillborn children.

Maryland SB356 introduces a state income tax credit for parents of stillborn children. The credit is up to $1,000 for each birth where a certificate of stillbirth has been issued. If the credit exceeds the state income tax for the year, the parent may claim a refund for the excess amount. This Act will take effect on July 1, 2026, and applies to all taxable years beginning after December 31, 2026.