File Code: Taxes - Miscellaneous
Prior Year Introduction As: SB 99/05
- Sponsored By:
-
Senators Greenip, Brinkley, Brochin, Colburn, Edwards, Garagiola, Haines,
Harris, Hooper, Jacobs, Kittleman, Mooney, Peters, Pipkin, and Simonaire
- Entitled:
-
Maryland Estate Tax - Unified Credit Effective Exemption Amount and Deduction
for State Death Taxes
Repealing a provision limiting the unified credit used to determine
the Maryland estate tax to the amount corresponding to a $1 million
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; applying the Act to
decedents dying after December 31, 2003; etc.
Senate Action
- 1/26
- First Reading Budget and Taxation
- 1/31
- Hearing 2/14 at 1:00 p.m.
- 3/12
- Unfavorable Report by Budget and Taxation
House Action
- No Action
Sponsored by:
- Senator Janet Greenip, District 33
- Senator David R. Brinkley, District 4
- Senator Jim Brochin, District 42
- Senator Richard F. Colburn, District 37
- Senator George C. Edwards, District 1
- Senator Rob Garagiola, District 15
- Senator Larry E. Haines, District 5
- Senator Andrew P. Harris, District 7
- Senator J. Robert Hooper, District 35
- Senator Nancy Jacobs, District 34
- Senator Allan H. Kittleman, District 9
- Senator Alexander X. Mooney, District 3
- Senator Douglas J. J. Peters, District 23
- Senator E. J. Pipkin, District 36
- Senator Bryan W. Simonaire, District 31
Bill indexed under the following Subjects:
- Death -see also- Advance Medical Directives; Wrongful Death.
- Estates and Trusts
- Exemptions
- Federal Government
- Inheritance Tax
- 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