HB0198 (CH0293)

Find a 2018 Bill:

2018 Regular Session



Inheritance Tax – Perpetual Conservation Easement – Farming Purposes – Exemption

Sponsored by:

Delegate Luedtke


Approved by the Governor - Chapter 293

Synopsis:Providing an exemption from the inheritance tax for real property subject to a certain perpetual conservation easement that passes from a decedent to a niece or nephew of the decedent; requiring the recapture of certain inheritance tax under certain circumstances; and applying the Act to decedents dying after December 31, 2017.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Luedtke, Afzali, Beidle, Carey, Jameson, Krebs, W. Miller, Rose, and Shoemaker
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2018
Ways and Means  View Committee HearingBudget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Miscellaneous
Narrow Subject(s):Agriculture -see also- Farmland
Conservation -see also- Soil Conservation
Inheritance Tax
Real Property
Statutes:Article - Tax - General

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Legislative Lingo

Explanation of Floor Motions and Actions

April 27, 2018 1:12 P.M.