File Code: Taxes - Miscellaneous
Prior Year Introduction As: HB 633/07 - W&M
Crossfiled with: SENATE BILL 175
- Sponsored By:
-
Delegates Jennings, Aumann, Boteler, Frank, 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; and applying the Act to decedents dying after
December 31, 2007.
Legislative date is used to record
history occuring in the Chambers
otherwise Calendar date is used.
House Action
- 2/8
- First Reading Ways and Means
- 2/11
- Hearing 3/5 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate J. B. Jennings, District 7
- Delegate Susan L. M. Aumann, District 42
- Delegate Joseph C. Boteler, III, District 8
- Delegate William J. Frank, District 42
- 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
