File Code: Taxes - Miscellaneous
- Sponsored By:
-
Delegates Hixson, Bozman, C. Davis, Gordon, Healey, Howard,
Marriott, and Patterson
- Entitled:
-
Maryland Estate Tax - Unified Credit Effective Exemption Amount
Limiting the unified credit used for determining the Maryland estate
tax to the applicable credit amount corresponding to a $1,000,000
exclusion amount under the federal estate tax; requiring a person
responsible for paying the inheritance tax to file an estate tax
return and pay the estate tax if a federal estate tax return is not
required to be filed; applying the Act to decedents dying after
December 31, 2003; etc.
House Action
- 2/4
- First Reading Ways and Means
- 2/11
- Hearing 2/25 at 1:00 p.m.
Senate Action
- No Action
- Sponsored by:
- Delegate Sheila E. Hixson, District 20
- Delegate K. Bennett Bozman, District 38B
- Delegate Clarence Davis, District 45
- Delegate Michael R. Gordon, District 17
- Delegate Anne Healey, District 22
- Delegate Carolyn J. B. Howard, District 24
- Delegate Salima Siler Marriott, District 40
- Delegate Obie Patterson, District 26
- Bill indexed under the following Subjects:
- ESTATES AND TRUSTS
- FEDERAL GOVERNMENT
- INHERITANCE TAX
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- Bill affects the following Statute:
- Tax - General
- (
7-309
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
