SB0163

Find a 2014 Bill:

2014 Regular Session

 

Entitled:

Maryland Estate Tax - Unified Credit and Exclusion Amount

Sponsored by:

Senator Brochin

Status:

In the Senate - Hearing 2/05 at 1:00 p.m.


Synopsis:Repealing a limit on the unified credit used for determining the Maryland estate tax; repealing a requirement that the Maryland estate tax shall be in effect even if the federal estate tax is not in effect on the date of the decedent's death; repealing a requirement that the Maryland estate tax be determined without regard to a specified deduction allowed under the federal estate tax; and applying the Act to decedents dying after December 31, 2013.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Brochin, Feldman, Klausmeier, Simonaire, and Young
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2014
Committee(s):
Budget and Taxation   View Committee Hearing
Broad Subject(s):Taxes - Miscellaneous
Narrow Subject(s):Death -see also- Advance Medical Directives; Wrongful Death
Estates and Trusts
Exemptions
Federal Government
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Tax Credits -see also- Circuit Breaker
Statutes:

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 1:55 P.M.