2010 Regular Session

SENATE BILL 396

CHAPTER NUMBER: 554
File Code: Taxes - Miscellaneous Prior Year Introduction As: SB 691/09 - B&T
Sponsored By:
Senators Middleton, Garagiola, Currie, Kasemeyer, Brinkley, DeGrange, Edwards, Jones, King, Kramer, Madaleno, McFadden, Munson, Peters, Robey, Stoltzfus, Zirkin, Glassman, Kittleman, and Dyson
Entitled:
Maryland Estate Tax - Pilot Program for Payment Deferral for Qualified Agricultural Property

Synopsis:

Providing for a 3-year payment deferral under specified circumstances for Maryland estate tax imposed on qualified agricultural property passing from a decedent to or for the use of an individual who enters into an agreement to use the property for farming purposes after the decedent's death; providing that Maryland estate tax subject to a payment deferral shall become due immediately if the qualified recipient ceases to use the property for farming purposes before the tax is paid; applying the Act to decedents dying after 2010; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
1/29
First Reading Budget and Taxation
2/3
Hearing 2/10 at 1:00 p.m.
2/9
Hearing cancelled
2/10
Hearing 2/19 at 8:30 a.m.
4/9
Favorable with Amendments Report by Budget and Taxation
4/6
Favorable with Amendments Report Adopted
Floor Amendment (Senator Glassman) Adopted
Second Reading Passed with Amendments
4/7
Third Reading Passed (44-0)
4/10
Returned Passed
House Action
4/6
First Reading House Rules and Executive Nominations
4/12
Re-referred Ways and Means
Favorable Report by Ways and Means
4/8
Favorable Report Adopted
Second Reading Passed
Motion Rules Suspended two readings same day (Delegate Hixson) Adopted (139-0)
Third Reading Passed (135-1)
Action after passage in Senate and House
5/20
Approved by the Governor
- Chapter 554

Sponsored by:

Senator Thomas M. Middleton, District 28
Senator David R. Brinkley, District 4
Senator Ulysses Currie, District 25
Senator James E. DeGrange, Sr., District 32
Senator Roy P. Dyson, District 29
Senator George C. Edwards, District 1
Senator Rob Garagiola, District 15
Senator Barry Glassman, District 35
Senator Verna L. Jones, District 44
Senator Edward J. Kasemeyer, District 12
Senator Nancy J. King, District 39
Senator Allan H. Kittleman, District 9
Senator Rona E. Kramer, District 14
Senator Richard S. Madaleno, Jr., District 18
Senator Nathaniel J. McFadden, District 45
Senator Donald F. Munson, District 2
Senator Douglas J. J. Peters, District 23
Senator James N. Robey, District 13
Senator J. Lowell Stoltzfus, District 38
Senator Bobby A. Zirkin, District 11

Bill indexed under the following Subjects:

Agriculture -see also- Farmland
Comptroller
Estates and Trusts
Farmland
Inspections -see also- Motor Vehicle Inspection
Interest
Reports
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Sunset

Bill affects the following Statute:

Tax - General
( 7-307 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
Senate
Number: 109434/01     Offered on: April 10, 2010   at: 1:46 p.m.     Status: Adopted
Number: 763226/03     Offered on: April 10, 2010   at: 1:46 p.m.     Status: Adopted
Committee Votes :
Senate
Budget and Taxation
House
Ways and Means
Roll Call Votes (Legislative dates are shown):
Senate
April 7, 2010: Third Reading Passed (44-0)
House
April 8, 2010: Motion Rules Suspended two readings same day (Hixson) Adopted (139-0)
April 8, 2010: Third Reading Passed (135-1)