§ 10–704.5
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Gen. § 10-704.5 (2026)
Title 10. Income Tax
Subtitle 7. Income Tax Credits
§ 10–704.5LinkCopy Citation
(a)
An individual or corporation may claim a credit against the State income tax for a certified rehabilitation as provided under § 5A-303 of the State Finance and Procurement Article.
(b)
An individual or corporation that is not otherwise required to file an income tax return, including a corporation exempt from income tax under § 501(c)(3) of the Internal Revenue Code:
(1)
may file a return to claim a refund of the credit under this section; and
(2)
shall file a return if the individual or corporation is subject to the recapture of the credit under this section as provided under § 5A-303 of the State Finance and Procurement Article.