Income Tax - Subtraction Modification - Public Safety Volunteers

HB 815 increases Maryland's income tax deduction for qualifying public safety volunteers. It provides a $7,000 deduction for 2024 tax years and $10,000 for 2025 and later, directly affecting Maryland residents who volunteer with eligible public safety organizations. To qualify, volunteers must serve without compensation (beyond nominal expenses), maintain active status for at least 25 years (or meet specific point-system requirements), and be part of defined groups like police auxiliaries, fire/rescue teams, or military support roles. The bill modifies existing tax code sections to formalize these eligibility rules and reporting requirements for organizations.