Legislation

Title: Maryland Estate Tax - Transfer of Qualified Agricultural Property by a Qualified Recipient
Sponsored by: Senator Middleton
Status: In the House - Hearing 4/01 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Clarifying that a specified recapture of the Maryland estate tax occurs only when qualified agricultural property ceases to be used for farming purposes; establishing that specified individuals are responsible for paying a specified recapture of the estate tax; clarifying that a qualified recipient may transfer qualified agricultural property to another qualified recipient; prohibiting the Comptroller from disqualifying an individual as a qualified recipient based on the individual's relation to a decedent; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Details

Emergency Bill

Bill File Type: Regular

Effective Date(s): Upon Enactment

History

Legislation History
Chamber Senate Calendar Date 2/03/2014 Legislative Date 1/31/2014 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/05/2014 Legislative Date 2/05/2014 Action Hearing 3/11 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/18/2014 Legislative Date 3/19/2014 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/19/2014 Legislative Date 3/14/2014 Action Favorable Report Adopted Proceedings 48
Chamber Senate Calendar Date 3/19/2014 Legislative Date 3/14/2014 Action Second Reading Passed Proceedings 48
Chamber Senate Calendar Date 3/20/2014 Legislative Date 3/15/2014 Action Third Reading Passed (46-0) Proceedings 49
Chamber House Calendar Date 3/21/2014 Legislative Date 3/18/2014 Action First Reading House Rules and Executive Nominations Proceedings 54
Chamber House Calendar Date 3/26/2014 Legislative Date 3/26/2014 Action Rereferred to Ways and Means Proceedings
Chamber House Calendar Date 3/27/2014 Legislative Date 3/27/2014 Action Hearing 4/01 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/03/2014	1/31/2014	First Reading Budget and Taxation
Senate	2/05/2014	2/05/2014	Hearing 3/11 at 1:00 p.m.
Senate	3/18/2014	3/19/2014	Favorable Report by Budget and Taxation
Senate	3/19/2014	3/14/2014	Favorable Report Adopted	48
Senate	3/19/2014	3/14/2014	Second Reading Passed	48
Senate	3/20/2014	3/15/2014	Third Reading Passed (46-0)	49
House	3/21/2014	3/18/2014	First Reading House Rules and Executive Nominations	54
House	3/26/2014	3/26/2014	Rereferred to Ways and Means
House	3/27/2014	3/27/2014	Hearing 4/01 at 1:00 p.m.

Documents

Date Posted	Document Name
2/04/2014	Text - First - Maryland Estate Tax - Transfer of Qualified Agricultural Property by a Qualified Recipient
3/19/2014	Text - Third - Maryland Estate Tax - Transfer of Qualified Agricultural Property by a Qualified Recipient
3/19/2014	Vote - Senate - Committee - Budget and Taxation
3/15/2014	Vote - Senate Floor - Third Reading Passed (46-0) - 03/15/14

File Code

Subjects

Statutes