2007 Regular Session


File Code: Taxes - Miscellaneous Prior Year Introduction As: HB 138/06 - W&M
Sponsored By:
Delegates Krebs, Aumann, Beitzel, Dwyer, Eckardt, Elliott, Elmore, Frank, Haddaway, Kach, Shewell, Stocksdale, Weir, and Weldon
Maryland Estate Tax - Family Property Protection Act


Increasing the limitation on the unified credit used to determine the Maryland estate tax from the amount corresponding to a $1,000,000 exclusion amount under the federal estate tax to the amount corresponding to a $2,000,000 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; stating the General Assembly's intent; applying the Act to decedents dying after December 31, 2006; etc.

History by Legislative and Calendar Date

House Action
First Reading Ways and Means
Hearing 3/1 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Susan W. Krebs, District 9B
Delegate Susan L. M. Aumann, District 42
Delegate Wendell R. Beitzel, District 1A
Delegate Donald H. Dwyer, Jr., District 31
Delegate Adelaide C. Eckardt, District 37
Delegate Donald B. Elliott, District 4B
Delegate D. Page Elmore, District 38A
Delegate William J. Frank, District 42
Delegate Jeannie Haddaway, District 37B
Delegate Wade Kach, District 5
Delegate Tanya Shewell, District 5A
Delegate Nancy R. Stocksdale, District 5A
Delegate Michael H. Weir, Jr., District 6
Delegate Richard B. Weldon, Jr., District 3B

Bill indexed under the following Subjects:

Estates and Trusts
Federal Government
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 and Policy Note (Displayed in PDF Format): Available
Amendments: None offered