SB0178 (CH0018)

Find a 2015 Bill:

2015 Regular Session



Estate Tax - Alternative Payment Schedule - Penalty Prohibition

Sponsored by:

Senator Kasemeyer


Approved by the Governor - Chapter 18

Synopsis:Prohibiting a specified penalty for late payment of the Maryland estate tax if an alternative payment schedule is allowed by the Comptroller and the tax is paid in accordance with the alternative payment schedule; and providing that the Act will apply to an estate that applies for an alternative payment schedule for payment of the Maryland estate tax on or after July 1, 2015, and receives approval by the Comptroller to pay the estate tax in accordance with an alternative payment schedule.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Kasemeyer and Waugh
Additional Facts:Cross-filed with: HB0826
Bill File Type: Regular
Effective Date(s): July 1, 2015
Budget and Taxation  View Committee HearingWays and Means  View Committee Hearing
Broad Subject(s):Taxes - Miscellaneous
Narrow Subject(s):Estates and Trusts
Penalties and Sentences -see also- Death Penalty
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Statutes:Article - Tax - General

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October 24, 2017 4:47 P.M.