File Code: Taxes - Miscellaneous
Crossfiled with: SENATE BILL 99
- Sponsored By:
-
Delegates Krebs, Aumann, Bates, Boutin, Eckardt, Edwards, Frank,
Haddaway, Impallaria, McComas, McDonough, McMillan, Miller, Minnick,
Myers, Shank, Shewell, Sossi, Trueschler, Weir, and Wood
- Entitled:
-
Maryland Estate Tax - Unified Credit Effective Exemption Amount and
Deduction for State Death Taxes
Repealing a provision limiting the unified credit used to determine
the Maryland estate tax to the amount corresponding to a $1 million
exclusion amount under the federal estate tax; repealing a requirement
that the tax be determined without regard to the deduction for State
death taxes under the federal estate tax; repealing a requirement that
a person responsible for paying the inheritance tax file an estate tax
return and pay the estate tax under specified circumstances; and
applying the Act to decedents dying after December 31, 2004.
House Action
- 1/27
- First Reading Ways and Means
- Hearing 2/8 at 11:00 a.m.
- 4/11
- Unfavorable Report by Ways and Means
Senate Action
- No Action
Sponsored by:
- Delegate Susan W. Krebs, District 9B
- Delegate Susan L. M. Aumann, District 42
- Delegate Gail H. Bates, District 9A
- Delegate Charles R. Boutin, District 34A
- Delegate Adelaide C. Eckardt, District 37B
- Delegate George C. Edwards, District 1A
- Delegate William J. Frank, District 42
- Delegate Jeannie Haddaway, District 37B
- Delegate Rick Impallaria, District 7
- Delegate Susan K. McComas, District 35B
- Delegate Pat McDonough, District 7
- Delegate Herb McMillan, District 30
- Delegate Warren E. Miller, District 9A
- Delegate Joseph J. Minnick, District 6
- Delegate LeRoy E. Myers, Jr., District 1C
- Delegate Christopher B. Shank, District 2B
- Delegate Tanya T. Shewell, District 5A
- Delegate Richard A. Sossi, District 36
- Delegate John G. Trueschler, District 42
- Delegate Michael H. Weir, Jr., District 6
- Delegate John F. Wood, Jr., District 29A
Bill indexed under the following Subjects:
- DEATH -see also- ADVANCE MEDICAL DIRECTIVES; WRONGFUL DEATH.
- ESTATES AND TRUSTS
- EXEMPTIONS
- FEDERAL GOVERNMENT
- INHERITANCE TAX
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
- Tax - General
- (
7-309
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered
