Clarifying that a specified recapture of the Maryland estate tax occurs only when qualified agricultural property ceases to be used for farming purposes; establishing that specified individuals are responsible for paying a specified recapture of the estate tax; clarifying that a qualified recipient may transfer qualified agricultural property to another qualified recipient; prohibiting the Comptroller from disqualifying an individual as a qualified recipient based on the individual's relation to a decedent; etc.
Bill File Type: Regular
Effective Date(s): Upon Enactment
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Last Updated: 2/3/2020 2:29 PM