HOUSE BILL 627

File Code: Taxes - Miscellaneous

Sponsored By:

Delegate Krebs

Entitled:

Maryland Estate Tax and Income Tax - Deductions for Estate Expenses and Losses

Synopsis:

Repealing a provision prohibiting a specified deduction in computing the taxable estate of a decedent for purposes of calculating the Maryland estate tax; requiring a specified addition modification under the Maryland income tax if a specified deduction for federal income tax purposes is claimed or will be claimed in computing the taxable estate of a decedent on a Maryland estate tax return; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.

House Action

2/6

First Reading Ways and Means

2/11

Hearing 2/18 at 1:00 p.m.

Senate Action

No Action

Bill indexed under the following Subjects:

Estates and Trusts

Exemptions

Income Tax

Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.

Bill affects the following Statutes:

Tax - General

( 7-309 , 7-309 , 10-205 , 10-205 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered