Tax Assistance for Low-Income Marylanders - Funding

This bill increases funding for Maryland programs that help low-income residents with their taxes and financial education. It directs the state Comptroller to allocate $500,000 annually from abandoned property funds to a specific fund that grants money to law schools and volunteer organizations to run on-site and mobile tax clinics. Additionally, the bill raises the annual budget for the CASH Campaign of Maryland, allowing it to award more grants for providing free tax assistance and financial coaching to underserved communities. These changes aim to expand access to free tax preparation services and financial education for low-income individuals and families across the state.