Section 10-751 - Tax credit for qualified child(a)(1) In this section the following words have the meanings indicated.(2) "Qualified child" means a dependent of a taxpayer, if the dependent: (i) is a dependent for purposes of § 152 of the Internal Revenue Code; and(ii)1. is under the age of 6 years; or2.A. is under the age of 17 years; andB. is a child with a disability, as defined under § 8-401 of the Education Article.(3) "Taxpayer" means: (i) an individual filing an income tax return; or(ii) a married couple filing a joint income tax return.(b) A taxpayer who is a resident and has federal adjusted gross income for the taxable year of $15,000 or less may claim a credit against the State income tax for each qualified child in an amount equal to $500.(c) If the credit allowed under this section in any taxable year exceeds the State income tax for that taxable year, the taxpayer may claim a refund in the amount of the excess.Amended by 2023 Md. Laws, Ch. 4, Sec. 2, eff. 6/1/2023.Amended by 2023 Md. Laws, Ch. 4, Sec. 1, eff. 6/1/2023, app. to all taxable years beginning after December 31, 2022.Amended by 2023 Md. Laws, Ch. 3, Sec. 2, eff. 6/1/2023.Amended by 2023 Md. Laws, Ch. 3, Sec. 1, eff. 6/1/2023, app. to all taxable years beginning after December 31, 2022.Added by 2021 Md. Laws, Ch. 40, Sec. 1, eff. 3/5/2021.