File Code: Taxes - Miscellaneous
Crossfiled with: HOUSE BILL 721
- Sponsored By:
-
Senator Young
- 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 exceed
$5,000,000; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/4
- First Reading Budget and Taxation
- 2/16
- Hearing 3/9 at 1:00 p.m.
House Action
- No Action
Bill indexed under the following Subjects:
- Agriculture -see also- Farmland
- Estates and Trusts
- Exemptions
- Farmland
- Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.
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