2010 Regular Session

SENATE BILL 790

File Code: Taxes - Miscellaneous
Sponsored By:
Senators Garagiola, DeGrange, Dyson, and Lenett
Entitled:
Maryland Estate Tax - Exclusions for Family Farms Subject to Agricultural Preservation Easements

Synopsis:

Altering the determination of the Maryland estate tax under specified circumstances to exclude from the value of the gross estate the value of qualified agricultural property subject to specified agricultural preservation easements; requiring a phased-in implementation of the exclusion for qualified agricultural property subject to specified agricultural preservation easements; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/10
First Reading Budget and Taxation
2/17
Hearing 3/10 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Rob Garagiola, District 15
Senator James E. DeGrange, Sr., District 32
Senator Roy P. Dyson, District 29
Senator Mike Lenett, District 19

Bill indexed under the following Subjects:

Agriculture -see also- Farmland
Comptroller
Conservation -see also- Soil Conservation
Easements
Estates and Trusts
Exemptions
Farmland
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Bill affects the following Statutes:

Tax - General
( 7-309 , 7-309 , 7-309 , 7-309 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered