2007 Regular Session


File Code: Taxes - Miscellaneous Prior Year Introduction As: HB 236/06 - W&M Crossfiled with: SENATE BILL 731
Sponsored By:
Delegates Glassman, Beidle, V. Clagett, Elmore, Impallaria, Jennings, J. King, McDonough, Smigiel, and Stifler
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; 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 Barry Glassman, District 35A
Delegate Pamela Beidle, District 32
Delegate Virginia P. Clagett, District 30
Delegate D. Page Elmore, District 38A
Delegate Rick Impallaria, District 7
Delegate J. B. Jennings, District 7
Delegate James S. King, District 33A
Delegate Pat McDonough, District 7
Delegate Michael D. Smigiel, Sr., District 36
Delegate Donna Stifler, District 35A

Bill indexed under the following Subjects:

Conservation -see also- Soil Conservation
Estates and Trusts
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