Legislation

Title: Estate Tax - Qualified Family-Owned Business Interests - Exclusion
Sponsored by: Delegates Afzali, Arentz, Bates, Frank, Glass, McComas, Norman, Parrott, Schuh, and Schulz
Status: In the House - Hearing 2/04 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Altering the determination of the Maryland estate tax under specified circumstances to exclude from the value of the gross estate $5,000,000 of the value of specified qualified family-owned business interests; providing that the Maryland estate tax imposed may not exceed a specified amount under specified circumstances; providing for the recapture of specified Maryland estate tax under specified circumstances; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2014

History

Legislation History
Chamber House Calendar Date 1/17/2014 Legislative Date 1/20/2014 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/22/2014 Legislative Date 1/22/2014 Action Hearing 2/04 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/17/2014	1/20/2014	First Reading Ways and Means
House	1/22/2014	1/22/2014	Hearing 2/04 at 1:00 p.m.

Documents

Date Posted	Document Name
1/21/2014	Text - First - Estate Tax - Qualified Family-Owned Business Interests - Exclusion

File Code

Subjects

Statutes