File Code: Taxes - Miscellaneous
Prior Year Introduction As:
HB 721/11 - W&M
Crossfiled with: SENATE BILL 324
- Sponsored By:
-
Delegates Afzali, Barkley, Clagett, Elliott, Feldman, George, Glass,
Hershey, Hogan, Hough, Ivey, Jacobs, A. Kelly, Krebs, McComas, A. Miller,
Myers, Niemann, Otto, Parrott, Ready, Schulz, and Sophocleus
- Entitled:
-
Estate Tax - Exclusion of Qualified Agricultural Property
Altering the determination of the Maryland estate tax under specified
circumstances to exclude from the value of the gross estate up to
$5,000,000 of the value of qualified agricultural property; providing
that the Maryland estate tax on qualified agricultural property may
not exceed 5% of the value of specified agricultural property
exceeding $5,000,000; providing for the recapture of specified
Maryland estate tax under specified circumstances; requiring the
Comptroller to adopt specified regulations; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
House Action
- 1/23
- First Reading Ways and Means
- 2/3
- Hearing 2/14 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate Kathy Afzali, District 4A
- Delegate Charles Barkley, District 39
- Delegate Galen R. Clagett, District 3A
- Delegate Donald B. Elliott, District 4B
- Delegate Brian J. Feldman, District 15
- Delegate Ron George, District 30
- Delegate Glen Glass, District 34A
- Delegate Stephen S. Hershey, Jr., District 36
- Delegate Patrick N. Hogan, District 3A
- Delegate Michael J. Hough, District 3B
- Delegate Jolene Ivey, District 47
- Delegate Jay A. Jacobs, District 36
- Delegate Ariana B. Kelly, District 16
- Delegate Susan W. Krebs, District 9B
- Delegate Susan K. McComas, District 35B
- Delegate Aruna Miller, District 15
- Delegate LeRoy E. Myers, Jr., District 1C
- Delegate Doyle L. Niemann, District 47
- Delegate Charles J. Otto, District 38A
- Delegate Neil Parrott, District 2B
- Delegate Justin Ready, District 5A
- Delegate Kelly Schulz, District 4A
- Delegate Theodore Sophocleus, District 32
Bill indexed under the following Subjects:
- Agriculture -see also- Farmland
- Comptroller
- Death -see also- Advance Medical Directives; Wrongful Death.
- Equipment -see also- Motor Vehicle Equipment
- Estates and Trusts
- Exemptions
- Farmland
- Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
- Rules and Regulations
Bill affects the following Statute:
- Tax - General
- (
7-309
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
None offered
