In addition to the modification under § 10–207 of this subtitle, the amounts under this section are subtracted from the federal adjusted gross income of a resident to determine Maryland adjusted gross income. The subtraction under subsection (a) of this section includes an amount equal to: $12,000, if during the taxable year the taxpayer adopts a child who the State determines is a child with a special need, as described in § 473(c)(1) and (2) of the Social Security Act, and the adoption is made through a private, nonprofit, licensed adoption agency or a public child welfare agency; and $10,000, if during the taxable year the taxpayer adopts a child without a special need as provided under item (1) of this subsection. The subtraction under subsection (a) of this section includes expenses that a blind individual or an employer of a blind individual incurs in providing a human or mechanical reader for the individual, if the individual has permanent impairment of both eyes with central visual acuity: of 20/200 or less in the better eye, with corrective glasses; or of more than 20/200 if there is a field defect in which the peripheral field is limited so that the widest diameter of visual field subtends an angular distance no greater than 20 degrees on the better eye. The total amount of the reading service expenses under paragraph (1) of this subsection may not exceed: $1,000 of expenses that an employer incurs for a reader used in the course of a blind individual’s employment; and to the extent that an expense is not allowed as a medical expense under § 213 of the Internal Revenue Code, $5,000 of the expenses that a blind individual incurs for personal use or use in employment. In this subsection: “enhanced agricultural management equipment” means: a planter or drill that: is commonly known as a “no–till” planter or drill; and is designed to minimize the disturbance of the soil in planting crops; liquid manure soil injection equipment that is designed to inject manure into the soil to reduce nutrient runoff; a deep no–till ripper that does not invert the soil profile and is used to address compaction in high residue cropping systems; poultry or livestock manure spreading equipment used by a farm owner or tenant on farmland in accordance with a nutrient management plan prepared by an individual licensed by the Secretary of Agriculture in accordance with Title 8, Subtitle 8 of the Agriculture Article if the manure spreading equipment is used: to spread poultry manure and bedding from normal poultry production with a capability of being calibrated to 1 ton per acre; or to apply solid or liquid livestock waste; vertical tillage equipment used to incorporate livestock manure or poultry litter into the soil; a global positioning system device used for management of agricultural nutrient applications; and an integrated optical sensing and nutrient application system that measures crop status and applies the crop’s nitrogen requirements at variable rates based on predicted in–season yield potential for the crop and the predicted responsiveness of the crop to additional nitrogen; and “enhanced agricultural management equipment” includes equipment that attaches to or is pulled by equipment listed in item (i) of this paragraph. Except as provided in paragraph (3) of this subsection, the subtraction under subsection (a) of this section includes 100% of the expenses that a taxpayer incurs to buy and install enhanced agricultural management equipment if: the equipment has a useful life of at least 4 years; the taxpayer: bought the equipment: after December 31, 1985, if the equipment is a planter or drill; after December 31, 1989, if the equipment is liquid manure soil injection equipment; after December 31, 1997, if the equipment is poultry or livestock manure spreading equipment; after December 31, 2001, if the equipment is a deep no–till ripper that does not invert the soil profile; or after December 31, 2012, if the equipment is a global positioning system device used for management of agricultural nutrient applications or an integrated optical sensing and nutrient application system; owns the equipment for at least 3 years after the taxable year in which the subtraction is made; and uses the equipment in agricultural production; and for liquid manure soil injection equipment, the equipment is: used on land upon which farm products, as defined under § 10–601 of the Agriculture Article, are raised; and not used to inject sludge into the soil. The subtraction under subsection (a) of this section includes 50% of the expenses that a taxpayer incurs to buy and install enhanced agricultural management equipment that is vertical tillage equipment used to incorporate livestock manure or poultry litter into the soil if: the equipment has a useful life of at least 4 years; and the taxpayer: bought the equipment after December 31, 2012; owns the equipment for at least 3 years after the taxable year in which the subtraction is made; and uses the equipment in agricultural production. To qualify for the subtraction under paragraphs (2) and (3) of this subsection, a taxpayer shall file a statement from the Department of Agriculture certifying compliance with the requirements of this section. If the subtraction allowed under paragraphs (2) and (3) of this subsection exceeds the Maryland taxable income that is computed without the modification allowed under this subsection and the subtraction is not used for the taxable year, the excess may be carried over to succeeding taxable years, not to exceed 5, until the full amount of the subtraction is used. On or before December 1, 2026, and each December 1 thereafter, the Secretary of Agriculture shall report to the Governor and, in accordance with § 2–1257 of the State Government Article, the General Assembly on additional types of equipment that the Secretary recommends should qualify as enhanced agricultural management equipment under this subsection. The subtraction under subsection (a) of this section includes expenses for household and dependent care services not exceeding the dollar limit allowed under § 21(c) of the Internal Revenue Code and determined without reference to the percentage limitation in § 21(a)(2) of the Internal Revenue Code. The subtraction under subsection (a) of this section includes the fair market value of any artistic, literary, or musical creation or other artwork donated to and accepted by a museum in the State that is open to the general public if: the value is not deductible from federal adjusted gross income; at least 50% of total income for the current or prior taxable year is derived from the sale of artwork that the individual produced; an independent appraiser verifies the fair market value; and the adjustment for the artwork is not more than 50% of the individual’s gross income in the calendar year of the donation. In this subsection the following words have the meanings indicated. “Farm product” means a farm product, as defined in § 10–601 of the Agriculture Article, that: is grown or raised primarily to be sold; the farmer donates to a gleaning cooperative; or the farmer allows to be harvested or collected, free of charge, by a gleaning cooperative; and is suitable for human consumption when donated. “Gleaning cooperative” means a nonprofit organization that is: tax exempt under § 501 of the Internal Revenue Code; and organized and operated to provide and distribute food free of charge to needy individuals, including unemployed and low income individuals. “Wholesale market value” means the value of donated farm products based on the wholesale market price of the farm product in the nearest regional market during the calendar week in which the donation is made, determined without consideration of grade or quality of the product, as if the quantity of the product donated were marketable. The subtraction under subsection (a) of this section includes the amount by which: the wholesale market value, determined as of the date of the donation, of farm products donated by an individual during the taxable year to a gleaning cooperative; exceeds the amount attributable to the donated farm products that the individual claims as a deduction for a charitable contribution under § 170 of the Internal Revenue Code. To qualify for the subtraction under paragraph (2) of this subsection, an individual shall file with the individual’s income tax return: a written statement from the gleaning cooperative that receives the farm products that certifies: the quantity of the donated farm products received; and that the donated farm products will be used exclusively to provide free food to needy individuals and will not be transferred in exchange for money, other property, or services; and a written statement from the Maryland Department of Agriculture, using such market data as is deemed suitable by the Secretary of that Department, that certifies the wholesale market value of the donated farm products. Repealed. The subtraction under subsection (a) of this section includes twice the amount of expenses for reforestation or timber stand improvement activity on 3 to 1,000 acres of commercial forest land, exclusive of federal funds. Of the amount under paragraph (1) of this subsection: 50% may be claimed in the taxable year in which the Department of Natural Resources issues an initial certificate of reforestation or timber stand improvement; and 50% may be claimed in the taxable year in which the Department of Natural Resources issues a final certificate of reforestation or timber stand improvement. In this subsection the following words have the meanings indicated. “Public safety organization” means: a bona fide Maryland police agency; a bona fide Maryland fire, rescue, or emergency medical services organization; an auxiliary organization of a bona fide Maryland fire, rescue, or emergency medical services organization; the United States Coast Guard Auxiliary; the Maryland Defense Force; or the Maryland Civil Air Patrol. “Public safety volunteer” means a member of a public safety organization. The subtraction under subsection (a) of this section includes an amount equal to the amount specified in paragraph (4) of this subsection if an individual is a qualifying public safety volunteer for the taxable year, as determined under paragraph (3) of this subsection. An individual is a qualifying public safety volunteer for the taxable year eligible for the subtraction modification under this subsection if the individual: is an active member of a public safety organization; serves the public safety organization in a volunteer capacity without compensation, except nominal expenses or meals; qualifies for active status during the taxable year under: a police auxiliary or reserve volunteer program approved by the Maryland Police Training and Standards Commission in conjunction with the Maryland Association of Counties and the Maryland Municipal League that includes uniform systems for qualification and record keeping, if the program is incorporated into the police agency’s rules and regulations; a volunteer fire, rescue, or emergency medical services personnel or auxiliary length of service award program operated by a county or municipal corporation of the State, if the length of service award program requires for active status qualification a minimum of 50 points per year and that points be earned in at least two different categories; or a point system established by a county or municipal corporation that does not operate a volunteer fire, rescue, or emergency medical services personnel or auxiliary length of service award program or by the United States Coast Guard Auxiliary, the Maryland Defense Force, or the Maryland Civil Air Patrol, to identify active members of a volunteer fire, rescue, or emergency medical services organization or auxiliary organization, if the point system requires for active status qualification a minimum of 50 points per year and that points be earned in at least two different categories; has maintained active status for at least 25 years under: a police auxiliary or reserve volunteer program; or a volunteer fire, rescue, or emergency medical services personnel or auxiliary length of service award program or a point system established in lieu of a length of service award program; is a member of a reserve component who serves on active duty orders during the taxable year; or is a civilian or a member of the Merchant Marine on assignment in support of the armed forces of the United States during the taxable year in an area designated as a combat zone by executive order of the President; and will have been an active member of a public safety organization for at least 36 months during the last 10 calendar years by December 31 of the taxable year. The amount of the subtraction under paragraph (2) of this subsection is equal to $7,000. Each police agency shall: maintain a record of the activities of each member of a police auxiliary or reserve during the calendar year; provide each member a report by February 15 of the following year indicating that the member qualified during the preceding calendar year; and provide a report that includes the names, Social Security numbers, and a certification that the individual qualified for the subtraction modification under this section. Each fire, rescue, or emergency medical services organization or auxiliary organization shall: maintain a record of the points earned by each individual during each calendar year; provide each member a report identifying the number of points earned in each category by February 15 of the following year; and provide a report that includes the names, Social Security numbers, and points earned by those members qualifying for the subtraction modification under this subsection to the Maryland State Firefighters Association by May 1 of the following year. An individual may not qualify for the subtraction under this subsection based on membership in the United States Coast Guard Auxiliary, the Maryland Defense Force, or the Maryland Civil Air Patrol unless the United States Coast Guard Auxiliary, the Maryland Defense Force, or the Maryland Civil Air Patrol: maintains a record of the points earned by each individual during each calendar year; provides each member a report identifying the number of points earned in each category by February 15 of the following year; and provides a report that includes the names, Social Security numbers, and points earned by those members qualifying for the subtraction modification under this subsection to the Comptroller on or before October 1 of each year. To qualify for the subtraction modification under this subsection, an individual shall attach to the individual’s income tax return a copy of the report provided by the public safety organization under paragraph (5) of this subsection. On or before October 1 each year, each bona fide Maryland police agency shall submit to the Department of Public Safety and Correctional Services and the Office of the Comptroller a report listing the names and Social Security numbers of individuals who qualified for the subtraction modification under this subsection for the preceding taxable year. On or before October 1 of each year, the Maryland State Firefighters Association shall submit to the Department of Public Safety and Correctional Services and the Office of the Comptroller a report stating the participation in the point system by the various local subdivisions with the names and Social Security numbers of individuals who qualified for the subtraction modification under this subsection for the preceding taxable year. A person may not knowingly make or cause any false statement or report to be made in any application or in any document required under this subsection. Any person who violates or attempts to violate any provision of subparagraph (i) of this paragraph shall be subject to a fine of $1,000. Except as provided in paragraph (2) of this subsection, the subtraction under subsection (a) of this section includes the gross income of a child included in a parent’s gross income under § 1(g)(7) of the Internal Revenue Code. The subtraction under paragraph (1) of this subsection does not apply for any child who, under § 10–805(b) of this title: is required to file an income tax return for the taxable year; or would have been required to file an income tax return for the taxable year if the parent had not elected the application of § 1(g)(7) of the Internal Revenue Code. The subtraction under subsection (a) of this section includes unreimbursed automobile travel expenses for volunteer service: to a nonprofit volunteer fire company; to an organization whose principal purpose is to provide medical, health, or nutritional care and to which a contribution is deductible under § 170 of the Internal Revenue Code; or to provide assistance, other than transportation, to a handicapped individual, as defined under § 190 of the Internal Revenue Code, who is enrolled as a student in a community college of the State. The amount of the travel expenses under paragraph (1) of this subsection shall be: computed using the standard mileage rate allowed for unreimbursed automobile travel expenses under § 162 of the Internal Revenue Code; and reduced by the amount of unreimbursed automobile travel expenses claimed as an itemized deduction for the same organization on the federal tax return under § 170 of the Internal Revenue Code. The subtraction under subsection (a) of this section includes the amount of salary or wages paid for which a deduction is not allowed under § 280C(a) of the Internal Revenue Code, not exceeding the credit allowed for targeted jobs under § 51 of the Internal Revenue Code. The subtraction allowed under this subsection shall be reduced by the amount of the credit claimed by the taxpayer under § 10–755 of this title. Repealed. Repealed. In this subsection the following words have the meanings indicated. “Account holder” has the meaning stated in § 18–1901 of the Education Article. “Contributor” means an individual who contributes funds to a Maryland Senator Edward J. Kasemeyer Prepaid College Trust account under Title 18, Subtitle 19 of the Education Article. “Qualified higher education expenses” has the meaning stated in § 529 of the Internal Revenue Code. The subtraction under subsection (a) of this section includes the amount of advance payments of qualified higher education expenses made by an account holder or a contributor during the taxable year as provided under a prepaid contract in accordance with the Maryland Senator Edward J. Kasemeyer Prepaid College Trust. Subject to paragraph (4) of this subsection, for each prepaid contract, the subtraction under paragraph (2) of this subsection may not exceed $2,500 for any taxable year. The amount disallowed as a subtraction under this subsection for any taxable year as a result of the limitation under paragraph (3) of this subsection shall be treated as having been made in the next succeeding taxable year and, subject to the $2,500 annual limitation for each prepaid contract, may be carried over to succeeding taxable years until the full amount of the advance payments has been allowed as a subtraction. In this subsection the following words have the meanings indicated. “Account holder” means an account holder as defined in § 18–19A–01 or § 18–19B–01 of the Education Article. “Contributor” means an individual who contributes funds to a Maryland Senator Edward J. Kasemeyer College Investment Plan or Broker–Dealer College Investment Plan account under Title 18, Subtitle 19A or Subtitle 19B of the Education Article. “Investment account” means an investment account as defined in § 18–19A–01 or § 18–19B–01 of the Education Article. “Qualified designated beneficiary” means a qualified designated beneficiary as defined in § 18–19A–01 or § 18–19B–01 of the Education Article. Except as provided in subparagraph (ii) of this paragraph and subject to the limitation under paragraph (3) of this subsection, the subtraction under subsection (a) of this section includes the amount contributed by an account holder or a contributor during the taxable year to an investment account. The subtraction under subparagraph (i) of this paragraph may not be taken if the account holder received a State contribution under § 18–19A–04.1 of the Education Article during the taxable year. Subject to paragraph (4) of this subsection, for each account holder or contributor for all investment accounts maintained in the Maryland Senator Edward J. Kasemeyer College Investment Plan and the Maryland Broker–Dealer College Investment Plan for the same qualified designated beneficiary, the subtraction under paragraph (2) of this subsection may not exceed $2,500 for any taxable year per qualified designated beneficiary. For purposes of the limitation under this paragraph, each spouse on a joint return shall be treated separately. Subject to the $2,500 annual limitation for each account holder or contributor for each qualified designated beneficiary, the amount disallowed as a subtraction under this subsection for any taxable year as a result of the limitation under paragraph (3) of this subsection may be carried over until used to the next 10 succeeding taxable years as a subtraction. In this subsection, “health care facility” has the meaning stated in § 19–114 of the Health – General Article. The subtraction under subsection (a) of this section includes 100% of the expenses that a taxpayer incurs to buy and install handrails in an existing elevator in a health care facility or other building in which at least 50% of the space is used for medical purposes. In this subsection the following words have the meanings indicated. “Nitrogen removal technology” has the meaning stated in § 9–1108 of the Environment Article. “On–site sewage disposal system” has the meaning stated in § 9–1108 of the Environment Article. The subtraction under subsection (a) of this section includes the amount by which the cost difference between a conventional on–site sewage disposal system and a system that utilizes nitrogen removal technology exceeds the amount of assistance the Department of the Environment provides the homeowner under § 9–1108 of the Environment Article. The subtraction under subsection (a) of this section includes any payment to an individual made as a result of a foreclosure settlement negotiated by the Attorney General. In this subsection, “qualified conservation program expenses” means amounts expended by an individual during the taxable year related to an application for the Forest Conservation and Management Program within the Department of Natural Resources. “Qualified conservation program expenses” includes the costs associated with hiring a professional land surveyor and the preparation of a land management program for the conserved property. The subtraction allowed under subsection (a) of this section includes up to $500 of qualified conservation program expenses paid by an individual who applies to enter into a forest conservation and management plan with the Department of Natural Resources, if the application is approved by the Department. Subject to paragraph (2) of this subsection, the subtraction under subsection (a) of this section includes 100% of the costs of health insurance that a taxpayer incurs on behalf of another individual if the other individual and taxpayer are recognized by the State as lawfully married. The subtraction under paragraph (1) of this subsection may not exceed the cost of a health insurance premium that: is paid by the taxpayer or the employer of the taxpayer to provide coverage for the taxpayer’s spouse; and is subject to federal income tax under the Internal Revenue Code. In this subsection the following words have the meanings indicated. “Foster parent” means an individual approved by a local department to provide 24–hour care for a foster child in the home where the individual resides. “Foster parent” includes a kinship parent. “Foster parent” does not include a treatment foster parent licensed by a child placement agency. “Kinship parent” has the meaning stated in § 5–534 of the Family Law Article. “Local department” means a department of social services in a county or the Montgomery County Department of Health and Human Services. Subject to the requirements of this subsection, the subtraction under subsection (a) of this section includes 100% of the unreimbursed expenses that a foster parent incurs on behalf of a foster child. The subtraction allowed under paragraph (2) of this subsection includes only an expense that the local department approves as necessary. The subtraction under paragraph (2) of this subsection may not include an expense for which the foster parent receives an allowance or a reimbursement from any public or private agency. On or before October 1 of each year, the Department of Human Services shall submit to the Comptroller a list of approved foster parents. The subtraction allowed under paragraph (2) of this subsection may not exceed $1,500. In this subsection the following words have the meanings indicated. “ABLE account contributor” means an individual who contributes money to an ABLE account as defined in § 18–19C–01 of the Education Article. “Designated beneficiary” means a designated beneficiary as defined in § 18–19C–01 of the Education Article. “Qualified disability expenses” has the meaning stated in § 18–19C–01 of the Education Article. Subject to the limitation under paragraph (3) of this subsection, the subtraction under subsection (a) of this section includes the amount contributed by an ABLE account contributor during the taxable year to an ABLE account under the Maryland ABLE Program. Subject to paragraph (4) of this subsection, for each ABLE account contributor under the Maryland ABLE Program, the subtraction under paragraph (2) of this subsection may not exceed $2,500 for any taxable year per qualified designated beneficiary. For purposes of the limitation under this paragraph, each spouse on a joint return shall be treated separately. Subject to the $2,500 annual limitation for each ABLE account contributor per qualified designated beneficiary, any amount disallowed as a subtraction under this subsection for any taxable year as a result of the limitation under paragraph (3) of this subsection may be carried over until used to the next 10 succeeding taxable years as a subtraction. In this subsection the following words have the meanings indicated. “Organ” means all or part of an individual’s liver, kidney, pancreas, intestine, lung, or bone marrow. “Qualified expenses” means any unreimbursed travel expenses, lodging expenses, child or elder care expenses, medication expenses, or lost wages. The subtraction under subsection (a) of this section includes up to $10,000 of the qualified expenses paid or incurred by a living individual during the taxable year that are attributable to the donation of one or more of the individual’s organs to another individual for organ transplantation. In this subsection, “eligible teacher” means an individual who is employed on a full–time basis for an academic year ending during the taxable year as: a prekindergarten classroom teacher in a publicly funded prekindergarten program at an eligible public provider, as defined in § 7–1A–01 of the Education Article; or a lead teacher or consulting teacher in a publicly funded prekindergarten program at an eligible private provider, as defined in § 7–1A–01 of the Education Article; or a kindergarten through grade 12 classroom teacher in an elementary or secondary school in the State. Subject to paragraph (3) of this subsection, the subtraction allowed under subsection (a) of this section includes up to $250 of the unreimbursed expenses paid or incurred by an eligible teacher during a taxable year for the purchase of classroom supplies if the supplies are used by: students in the classroom; or the eligible teacher to prepare for or during classroom teaching. The amount allowed as a subtraction under paragraph (2) of this subsection does not include an expense that is subtracted from federal adjusted gross income under § 62 of the Internal Revenue Code. For a taxable year beginning after December 31, 2019, but before January 1, 2022, the subtraction under subsection (a) of this section includes the amount of benefits paid to an individual in accordance with Title 8 of the Labor and Employment Article, or in accordance with the unemployment insurance progam of a jurisdiction with which the State has a reciprocal taxation agreement, if the individual’s federal adjusted gross income for the taxable year does not exceed: $75,000 for an individual; or $100,000 for a married couple filing a joint return or an individual described in § 2 of the Internal Revenue Code as a head of household or as a surviving spouse. In this subsection the following words have the meanings indicated. “Diaper bank” means a nonprofit organization located in the State that: is qualified as tax exempt under § 501(c)(3) of the Internal Revenue Code; is established and operating primarily for the purpose of collecting or purchasing disposable diapers or other hygiene products for infants or children; and distributes those diapers or hygiene products through schools, health care facilities, government agencies, or other nonprofit entities for eventual distribution to individuals free of charge. “Donation” means an irrevocable gift of: disposable diapers, other hygiene products for infants or children, or feminine personal hygiene products; or cash that is specifically designated for the purchase of disposable diapers, other hygiene products for infants or children, or feminine personal hygiene products. “Feminine personal hygiene products” means sanitary pads, tampons, menstrual sponges, menstrual cups, or other similar feminine hygiene products, whether reusable or disposable. “Qualified charitable entity” means a diaper bank, homeless shelter, domestic violence shelter, religious organization, or other charitable organization that has registered with the Comptroller as a distributor of disposable diapers, other hygiene products for infants or children, or feminine personal hygiene products. Subject to the limitations of this subsection, the subtraction allowed under subsection (a) of this section includes up to $1,000 of donations made by the taxpayer during the taxable year to a qualified charitable entity. To qualify for the subtraction under this subsection, the taxpayer shall file with the taxpayer’s income tax return: the name of each qualified charitable entity to which a donation was made; proof of the value of the donation; and any other information that the Comptroller requires. The Comptroller shall adopt regulations to carry out the provisions of this section, including the criteria and procedures for registration as a qualified charitable entity. In this subsection the following words have the meanings indicated. “Account holder” means a first–time homebuyer who establishes a first–time homebuyer savings account. “Allowable closing costs” means a disbursement listed on a settlement statement for the purchase of a home in the State by an account holder. “Eligible costs” means the down payment and allowable closing costs for the purchase of a home in the State by an account holder. “Financial institution” has the meaning stated in § 1–101 of the Financial Institutions Article. “First–time homebuyer” means an individual who is a resident of the State and who has not owned or purchased, either individually or jointly, a home in the State in the last 7 years. “First–time homebuyer savings account” or “account” means an account with a financial institution that an account holder designates as a first–time homebuyer savings account on the account holder’s Maryland income tax return for taxable year 2021 or any following taxable year and that is established for the sole purpose of paying or reimbursing eligible costs for the purchase of a home in the State by the account holder. “Home” means a single–family residential real property, including a mobile home as defined in § 8A–101 of the Real Property Article. “Settlement statement” means the statement of receipts and disbursements for a transaction related to real estate, including a statement prescribed under the Real Estate Settlement Procedures Act of 1974, 12 U.S.C. § 2601 et seq., as amended, and associated regulations. Except as otherwise provided in this subsection and subject to the limitations under this paragraph, the subtraction under subsection (a) of this section includes: up to $5,000 of the amount contributed by an account holder to a first–time homebuyer savings account during the taxable year; and the earnings, including interest and other income on the principal, from the account during the taxable year. An account holder may claim a subtraction under this subsection: for a period not to exceed 10 years; for total earnings not to exceed $50,000 during that 10–year period; and except as provided in paragraph (5) of this subsection, only if the principal and earnings of the account remain in the account until a withdrawal is made for eligible costs related to the purchase of a home by the account holder. A transfer of money into or from the account by a person other than the account holder to the account is subject to the requirements and limitations provided under this subsection. A person other than an account holder who transfers money to the account is not entitled to the subtraction under this subsection. An individual may jointly establish an account with another person if the joint account holders are both first–time homebuyers and file a joint income tax return. An individual may not be the account holder of more than one account. An account holder may withdraw money from the account and deposit the money in a new first–time homebuyer savings account held by a different financial institution or the same financial institution. The account holder shall use the funds in the account for eligible costs related to the purchase of a home within 15 years following the date on which the account was established. This subparagraph does not apply to any funds in the account for which a subtraction has not been claimed under this subsection. Any funds in the account not expended on eligible costs by December 31 of the last year of the 15–year period under subparagraph (i) of this paragraph shall be subject to taxation as ordinary income. The financial institution holding the first–time homebuyer savings account: may not be held responsible for the use or application of funds deposited in or withdrawn from the account; and may use funds held in the account for paying the expenses of administering the account. Except as authorized under paragraph (6) of this subsection or as provided in subparagraph (ii) of this paragraph, if the account holder withdraws any funds from the account for a purpose other than eligible costs for the purchase of a home: those funds shall be taxed as ordinary income of the account holder; and the account holder shall pay a penalty to the State equal to 10% of the amount withdrawn. A disbursement of any assets of a first–time homebuyer savings account under a filing by an account holder for protection under the United States Bankruptcy Code, 11 U.S.C. §§ 101 through 1330, may not subject the account holder to tax liability. An account holder claiming a subtraction under this subsection shall: submit to the Comptroller detailed information regarding the first–time homebuyer savings account with the account holder’s income tax return, including a list of transactions for the account during the taxable year; and on a withdrawal of funds from the account, submit to the Comptroller a detailed account of the eligible costs toward which the account funds were applied and a statement of the amount of funds remaining in the account, if any. The financial institution shall provide to each account holder, in the manner specified by the Department of Housing and Community Development, information about homebuyer education and housing counseling programs and services provided by nonprofit and government organizations certified by the U.S. Department of Housing and Urban Development that are available to residents of the State. The Department of Housing and Community Development shall provide and maintain the information required under subparagraph (i) of this paragraph. The Department of Housing and Community Development shall conduct outreach to communities of the State that have experienced lower rates of homeownership regarding first–time homebuyer savings accounts and the availability of the subtraction under this subsection. The Comptroller shall adopt regulations to carry out the provisions of this subsection. The subtraction under subsection (a) of this section includes the amount of ordinary and necessary expenses paid or incurred during the taxable year in carrying on a trade or a business as a cannabis grower, processor, dispensary, or any other cannabis establishment licensed or registered by the State, if the deduction for ordinary and necessary expenses is disallowed under § 280E of the Internal Revenue Code. The subtraction allowed under paragraph (1) of this subsection includes a reasonable allowance for salaries or other compensation for personal services actually rendered during the taxable year. The subtraction allowed under this subsection is applicable to all taxable years beginning after December 31, 2021. For a taxable year beginning after December 31, 2024, the subtraction under subsection (a) of this section includes the amount of tuition assistance provided to students who are eligible dependents or surviving spouses of fallen transportation workers in accordance with Title 18, Subtitle 40 of the Education Article.