File Code: Taxes - Miscellaneous
Crossfiled with: SENATE BILL 658
- Sponsored By:
-
Delegates Glassman, Aumann, Barkley, Cluster, Conroy, Cryor,
Dumais, Elliott, Frank, Haddaway, Hogan, Impallaria, James, Jennings,
Kach, Kohl, Krebs, Mayer, McComas, McConkey, McDonough, Rudolph, Shank,
Shewell, Smigiel, Sossi, Stocksdale, Stull, and Weldon
- Entitled:
-
Maryland Estate Tax - Exclusion for Family Farms Subject to
Agricultural Preservation Easements
Altering the determination of the Maryland estate tax to exclude from
the value of the gross estate the value of real property that is
subject to a perpetual agricultural preservation easement that has
been granted to the Maryland Agricultural Land Preservation Foundation
and passes from the decedent to or for the use of specified relatives
of the decedent; applying the Act to decedents dying after December
31, 2005; etc.
House Action
- 1/23
- First Reading Ways and Means
- 2/22
- Hearing 3/8 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate Barry Glassman, District 35A
- Delegate Susan L. M. Aumann, District 42
- Delegate Charles Barkley, District 39
- Delegate John W. E. Cluster, Jr., District 8
- Delegate Mary A. Conroy, District 23A
- Delegate Jean B. Cryor, District 15
- Delegate Kathleen M. Dumais, District 15
- Delegate Donald B. Elliott, District 4B
- Delegate William J. Frank, District 42
- Delegate Jeannie Haddaway, District 37B
- Delegate Patrick N. Hogan, District 3A
- Delegate Rick Impallaria, District 7
- Delegate Mary-Dulany James, District 34A
- Delegate J. B. Jennings, District 7
- Delegate Wade Kach, District 5B
- Delegate Sheryl Davis Kohl, District 34A
- Delegate Susan W. Krebs, District 9B
- Delegate Wm. Daniel Mayer, District 28
- Delegate Susan K. McComas, District 35B
- Delegate Tony McConkey, District 33A
- Delegate Pat McDonough, District 7
- Delegate David D. Rudolph, District 34B
- Delegate Christopher B. Shank, District 2B
- Delegate Tanya T. Shewell, District 5A
- Delegate Michael D. Smigiel, Sr., District 36
- Delegate Richard A. Sossi, District 36
- Delegate Nancy R. Stocksdale, District 5A
- Delegate Paul S. Stull, District 4A
- Delegate Richard B. Weldon, Jr., District 3B
Bill indexed under the following Subjects:
- EASEMENTS
- ESTATES AND TRUSTS
- EXEMPTIONS
- FARMLAND
- REAL PROPERTY
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
Bill affects the following Statutes:
- Tax - General
- (
7-309 ,
7-309
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered