2011 Regular Session

HOUSE BILL 721

File Code: Taxes - Miscellaneous Crossfiled with: SENATE BILL 764
Sponsored By:
Delegates Afzali, Alston, Arora, Barkley, Barnes, Bates, Cluster, Cullison, Dwyer, Eckardt, Elliott, Feldman, Frank, Gaines, Hough, Ivey, Jacobs, Jameson, Kach, Krebs, Love, Luedtke, McComas, McDermott, McDonough, W. Miller, Myers, Norman, Olszewski, Otto, Parrott, Ready, Ross, Schulz, Serafini, Smigiel, Stifler, Stocksdale, Szeliga, Valderrama, Walker, Washington, and Wood
Entitled:
Estate Tax - Exclusion of Qualified Agricultural Property

Synopsis:

Altering the determination of the Maryland estate tax under specified circumstances to exclude from the value of the gross estate up to $5,000,000 of the value of qualified agricultural property; providing that the Maryland estate tax on qualified agricultural property may not exceed 5% of the amount by which the value of specified agricultural property exceeds $5,000,000; 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
2/10
First Reading Ways and Means
2/16
Hearing 3/3 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Kathy Afzali, District 4A
Delegate Tiffany T. Alston, District 24
Delegate Sam Arora, District 19
Delegate Charles Barkley, District 39
Delegate Ben Barnes, District 21
Delegate Gail H. Bates, District 9A
Delegate John W. E. Cluster, Jr., District 8
Delegate Bonnie Cullison, District 19
Delegate Don H. Dwyer, Jr., District 31
Delegate Adelaide C. Eckardt, District 37B
Delegate Donald B. Elliott, District 4B
Delegate Brian J. Feldman, District 15
Delegate William J. Frank, District 42
Delegate Tawanna P. Gaines, District 22
Delegate Michael J. Hough, District 3B
Delegate Jolene Ivey, District 47
Delegate Jay A. Jacobs, District 36
Delegate Sally Jameson, District 28
Delegate Wade Kach, District 5B
Delegate Susan W. Krebs, District 9B
Delegate Mary Ann E. Love, District 32
Delegate Eric G. Luedtke, District 14
Delegate Susan K. McComas, District 35B
Delegate Michael A. McDermott, District 38B
Delegate Pat McDonough, District 7
Delegate Warren E. Miller, District 9A
Delegate LeRoy E. Myers, Jr., District 1C
Delegate H. Wayne Norman, Jr., District 35A
Delegate John A. Olszewski, Jr., District 6
Delegate Charles J. Otto, District 38A
Delegate Neil Parrott, District 2B
Delegate Justin Ready, District 5A
Delegate Justin D. Ross, District 22
Delegate Kelly Schulz, District 4A
Delegate Andrew A. Serafini, District 2A
Delegate Michael D. Smigiel, Sr., District 36
Delegate Donna Stifler, District 35A
Delegate Nancy R. Stocksdale, District 5A
Delegate Kathy Szeliga, District 7
Delegate Kriselda Valderrama, District 26
Delegate Jay Walker, District 26
Delegate Mary L. Washington, District 43
Delegate John F. Wood, Jr., District 29A

Bill indexed under the following Subjects:

Agriculture -see also- Farmland
Estates and Trusts
Exemptions
Farmland
Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.

Bill affects the following Statute:

Tax - General
( 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