File Code: Taxes - Miscellaneous
Crossfiled with: HOUSE BILL 444
- Sponsored By:
-
Senators Miller, Young, Astle, Benson, Brinkley, Colburn, DeGrange, Dyson,
Edwards, Garagiola, Getty, Glassman, Jacobs, Jennings, Kasemeyer, King,
Klausmeier, Manno, Mathias, McFadden, Middleton, Montgomery, Peters, Pinsky,
Pipkin, Reilly, Robey, Shank, Stone, Forehand, Jones-Rodwell, Kittleman, and
Simonaire
- Entitled:
-
Family Farm Preservation Act of 2012
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.
Senate Action
- 1/26
- First Reading Budget and Taxation
- 1/31
- Hearing 2/8 at 1:00 p.m.
- 3/23
- Favorable with Amendments Report by Budget and Taxation
- 3/20
- Favorable with Amendments {679837/1 Report Adopted
- Second Reading Passed with Amendments
- 3/22
- Third Reading Passed (46-0)
- 4/3
- Returned Passed
House Action
- 3/24
- First Reading Ways and Means
- 3/28
- Hearing 4/3 at 1:00 p.m.
- 4/6
- Favorable Report by Ways and Means
- 4/1
- Favorable Report Adopted
- Second Reading Passed
- 4/3
- Third Reading Passed (125-0)
Action after passage in Senate and House
- 5/22
- Approved by the Governor
- - Chapter 448
Sponsored by:
- Senator Thomas V. Mike Miller, Jr., District 27
- Senator John C. Astle, District 30
- Senator Joanne C. Benson, District 24
- Senator David R. Brinkley, District 4
- Senator Richard F. Colburn, District 37
- Senator James E. DeGrange, Sr., District 32
- Senator Roy P. Dyson, District 29
- Senator George C. Edwards, District 1
- Senator Jennie M. Forehand, District 17
- Senator Rob Garagiola, District 15
- Senator Joseph M. Getty, District 5
- Senator Barry Glassman, District 35
- Senator Nancy Jacobs, District 34
- Senator J. B. Jennings, District 7
- Senator Verna L. Jones-Rodwell, District 44
- Senator Edward J. Kasemeyer, District 12
- Senator Nancy J. King, District 39
- Senator Allan H. Kittleman, District 9
- Senator Katherine Klausmeier, District 8
- Senator Roger P. Manno, District 19
- Senator James N. Mathias, Jr., District 38
- Senator Nathaniel J. McFadden, District 45
- Senator Thomas M. Middleton, District 28
- Senator Karen S. Montgomery, District 14
- Senator Douglas J. J. Peters, District 23
- Senator Paul G. Pinsky, District 22
- Senator E. J. Pipkin, District 36
- Senator Edward R. Reilly, District 33
- Senator James N. Robey, District 13
- Senator Christopher B. Shank, District 2
- Senator Bryan W. Simonaire, District 31
- Senator Norman R. Stone, Jr., District 6
- Senator Ronald N. Young, District 3
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, Chapter
- Fiscal and Policy Note:
Available
- Amendments:
Senate
- Number: 679837/01 Offered on: March 23, 2012 at:
6:22 p.m. Status: Adopted
-
Committee Votes :
Senate
- Budget and Taxation
House
- Ways and Means
- Roll Call Votes (Legislative dates are shown):
Senate
- March 22, 2012: Third Reading Passed (46-0)
House
- April 3, 2012: Third Reading Passed (125-0)
