File Code: Taxes - Miscellaneous
- Sponsored By:
-
Senators Middleton, Astle, Brinkley, Colburn, Currie, Della, Dyson,
Edwards, Garagiola, Glassman, Jacobs, Kelley, King, Kittleman, Klausmeier,
Kramer, Madaleno, Mooney, Munson, Pipkin, Pugh, Rosapepe, and Stoltzfus
- Entitled:
-
Maryland Estate Tax - Payment Deferral for Qualified Agricultural Property
Providing for a 5-year payment deferral under specified circumstances
for Maryland estate tax imposed on qualified agricultural property
passing from a decedent to or for the use of an individual who enters
into an agreement to use the property for farming purposes after the
decedent's death; providing that Maryland estate tax subject to a
payment deferral shall become due immediately if the qualified
recipient ceases to use the property for farming purposes before the
tax is paid; applying the Act to decedents dying after 2009; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/6
- First Reading Budget and Taxation
- 3/4
- Hearing 3/18 at 1:00 p.m.
- 3/12
- Hearing cancelled
- Hearing 3/17 at 1:00 p.m.
House Action
- No Action
Sponsored by:
- Senator Thomas M. Middleton, District 28
- Senator John C. Astle, District 30
- Senator David R. Brinkley, District 4
- Senator Richard F. Colburn, District 37
- Senator Ulysses Currie, District 25
- Senator George W. Della, Jr., District 46
- Senator Roy P. Dyson, District 29
- Senator George C. Edwards, District 1
- Senator Rob Garagiola, District 15
- Senator Barry Glassman, District 35
- Senator Nancy Jacobs, District 34
- Senator Delores G. Kelley, District 10
- Senator Nancy J. King, District 39
- Senator Allan H. Kittleman, District 9
- Senator Katherine Klausmeier, District 8
- Senator Rona E. Kramer, District 14
- Senator Richard S. Madaleno, Jr., District 18
- Senator Alexander X. Mooney, District 3
- Senator Donald F. Munson, District 2
- Senator E. J. Pipkin, District 36
- Senator Catherine E. Pugh, District 40
- Senator Jim Rosapepe, District 21
- Senator J. Lowell Stoltzfus, District 38
Bill indexed under the following Subjects:
- Agriculture -see also- Farmland
- Comptroller
- Estates and Trusts
- Farmland
- Inspections -see also- Motor Vehicle Inspection
- Interest
- Reports
- Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.
Bill affects the following Statute:
- Tax - General
- (
7-307
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered