Legislation - HB0245

Title: Inheritance Tax - Beneficiaries of Limited Means - Installment Payments
Sponsored by: Delegate Cardin
Status: In the House - Hearing 1/23 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Requiring a register of wills to allow an installment payment plan for the inheritance tax to be paid by a certain beneficiary of limited means under certain circumstances and subject to certain limitations; and applying the Act to all decedents dying on or after July 1, 2025.

Committees

Original:: Ways and Means

Details

Introduced in a prior session as: HB0100 Session: 2024 Regular Session

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2025

History

Legislation History
Chamber House Calendar Date 10/29/2024 Legislative Date 10/29/2024 Action Pre-filed Proceedings
Chamber House Calendar Date 1/08/2025 Legislative Date 1/08/2025 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Inheritance Tax - Beneficiaries of Limited Means - Installment Payments Proceedings
Chamber House Calendar Date 1/09/2025 Legislative Date 1/09/2025 Action Hearing 1/23 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	10/29/2024	10/29/2024	Pre-filed
House	1/08/2025	1/08/2025	First Reading Ways and Means
			Text - First - Inheritance Tax - Beneficiaries of Limited Means - Installment Payments
House	1/09/2025	1/09/2025	Hearing 1/23 at 1:00 p.m.

File Code

Subjects

Statutes