Allowing an individual a subtraction modification under the Maryland
income tax for income from the cancellation of consumer credit card
debt unless the individual's federal adjusted gross income exceeds
$50,000 for an individual or $80,000 for a married couple filing a
joint return; providing that the amount of the subtraction
modification may not exceed $5,000 for an individual or $8,000 for a
married couple filing a joint return; applying the Act to tax years
after 2011; etc.