File Code: Taxes - Miscellaneous
Prior Year Introduction As: HB 138/06 - W&M
- Sponsored By:
-
Delegates Krebs, Aumann, Beitzel, Dwyer, Eckardt, Elliott, Elmore, Frank,
Haddaway, Kach, Shewell, Stocksdale, Weir, and Weldon
- Entitled:
-
Maryland Estate Tax - Family Property Protection Act
Increasing the limitation on the unified credit used to determine the
Maryland estate tax from the amount corresponding to a $1,000,000
exclusion amount under the federal estate tax to the amount
corresponding to a $2,000,000 exclusion amount under the federal
estate tax; repealing a requirement that the tax be determined without
regard to the deduction for State death taxes under the federal estate
tax; stating the General Assembly's intent; applying the Act to
decedents dying after December 31, 2006; etc.
House Action
- 1/22
- First Reading Ways and Means
- 2/7
- Hearing 3/1 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate Susan W. Krebs, District 9B
- Delegate Susan L. M. Aumann, District 42
- Delegate Wendell R. Beitzel, District 1A
- Delegate Donald H. Dwyer, Jr., District 31
- Delegate Adelaide C. Eckardt, District 37
- Delegate Donald B. Elliott, District 4B
- Delegate D. Page Elmore, District 38A
- Delegate William J. Frank, District 42
- Delegate Jeannie Haddaway, District 37B
- Delegate Wade Kach, District 5
- Delegate Tanya Shewell, District 5A
- Delegate Nancy R. Stocksdale, District 5A
- Delegate Michael H. Weir, Jr., District 6
- Delegate Richard B. Weldon, Jr., District 3B
Bill indexed under the following Subjects:
- Estates and Trusts
- Exemptions
- Federal Government
- Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
- Tax Credits -see also- Circuit Breaker
Bill affects the following Statute:
- Tax - General
- (
7-309
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered