File Code: Taxes - Miscellaneous
Prior Year Introduction As: HB 236/06 - W&M
Crossfiled with: SENATE BILL 731
- Sponsored By:
-
Delegates Glassman, Beidle, V. Clagett, Elmore, Impallaria, Jennings, J.
King, McDonough, Smigiel, and Stifler
- Entitled:
-
Maryland Estate Tax - Exclusion for Family Farm Subject to Agricultural
Preservation Easements
Altering the determination of the Maryland estate tax to exclude from
the value of the gross estate the value of real property that is
subject to a perpetual agricultural preservation easement that has
been granted to the Maryland Agricultural Land Preservation Foundation
and passes from the decedent to or for the use of specified relatives
of the decedent; applying the Act to decedents dying after December
31, 2006; etc.
House Action
- 2/8
- First Reading Ways and Means
- 2/9
- Hearing 3/1 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate Barry Glassman, District 35A
- Delegate Pamela Beidle, District 32
- Delegate Virginia P. Clagett, District 30
- Delegate D. Page Elmore, District 38A
- Delegate Rick Impallaria, District 7
- Delegate J. B. Jennings, District 7
- Delegate James S. King, District 33A
- Delegate Pat McDonough, District 7
- Delegate Michael D. Smigiel, Sr., District 36
- Delegate Donna Stifler, District 35A
Bill indexed under the following Subjects:
- Conservation -see also- Soil Conservation
- Easements
- Estates and Trusts
- Exemptions
- Farmland
- Real Property
- Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Bill affects the following Statutes:
- Tax - General
- (
7-309 ,
7-309
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered
