Legislation
- Title
- Fair Share for Maryland Act of 2025
- Sponsored by
- Delegates Palakovich Carr, Wilkins, Smith, Stewart, Lehman, Acevero, Addison, Bagnall, Boafo, Boyce, Charkoudian, Cullison, Ebersole, Embry, Fair, Fennell, Foley, Forbes, Hill, Kaufman, R. Lewis, J. Long, Martinez, McCaskill, Mireku-North, Pasteur, Pena-Melnyk, Ruff, Ruth, Shetty, Solomon, Taveras, Terrasa, Wells, White Holland, Williams, Wims, Woods, Woorman, and Young
- Status
- In the House - Hearing 2/20 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Altering a certain limit on the unified credit used for determining the estate tax for decedents dying on or after January 1, 2026; altering a certain limitation on the amount of the estate tax for decedents dying on or after a certain date; altering the definition of "qualified child" for purposes of a certain credit against the State income tax for certain dependent children; imposing a certain business transportation fee on certain taxable income of corporations and pass-through entities for certain taxable years; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Cross-filed with: SB0859
Bill File Type: Regular
Effective Date(s): July 1, 2025, July 1, 2026, July 1, 2027, July 1, 2028
History
Toggle History Dropdown
File Code
Toggle Filecode Dropdown
Subjects
Toggle Subjects Dropdown
Statutes
Toggle Statutes Dropdown
(
10-102.2, 10-102.3, 10-104, 10-105, 10-108, 10-210.1, 10-310, 10-402, 10-402.1, 10-704, 10-751, 10-811, 7-309 )
Last Updated: 2/25/2025 4:01 PM
MyMGA
Accessibility Tools