Maryland SB961 alters the income tax credit for venison donations, specifying reporting requirements and credit limits.

Maryland SB961 modifies the income tax credit for venison donations by requiring venison donation programs to report donor information to the Comptroller annually. The bill limits the credit to $75 per deer, with a maximum annual credit of $300 unless all deer were harvested under a deer management permit. The credit cannot be carried over to future years. The changes apply to taxable years beginning after December 31, 2025, and will terminate if a specified 2024 Act provision takes effect.

Maryland SB961 alters the income tax credit for venison donations, specifying reporting requirements and credit limits.

Maryland SB961 modifies the income tax credit for venison donations by requiring venison donation programs to report donor information to the Comptroller annually. The bill limits the credit to $75 per deer, with a maximum annual credit of $300 unless all deer were harvested under a deer management permit. The credit cannot be carried over to future years. The changes apply to taxable years beginning after December 31, 2025, and will terminate if a specified 2024 Act provision takes effect.