2007 Regular Session


File Code: Taxes - Miscellaneous Prior Year Introduction As: SB 99/05
Sponsored By:
Senators Greenip, Brinkley, Brochin, Colburn, Edwards, Garagiola, Haines, Harris, Hooper, Jacobs, Kittleman, Mooney, Peters, Pipkin, and Simonaire
Maryland Estate Tax - Unified Credit Effective Exemption Amount and Deduction for State Death Taxes


Repealing a provision limiting the unified credit used to determine the Maryland estate tax to the amount corresponding to a $1 million 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; applying the Act to decedents dying after December 31, 2003; etc.

History by Legislative and Calendar Date

Senate Action
First Reading Budget and Taxation
Hearing 2/14 at 1:00 p.m.
Unfavorable Report by Budget and Taxation
House Action
No Action

Sponsored by:

Senator Janet Greenip, District 33
Senator David R. Brinkley, District 4
Senator Jim Brochin, District 42
Senator Richard F. Colburn, District 37
Senator George C. Edwards, District 1
Senator Rob Garagiola, District 15
Senator Larry E. Haines, District 5
Senator Andrew P. Harris, District 7
Senator J. Robert Hooper, District 35
Senator Nancy Jacobs, District 34
Senator Allan H. Kittleman, District 9
Senator Alexander X. Mooney, District 3
Senator Douglas J. J. Peters, District 23
Senator E. J. Pipkin, District 36
Senator Bryan W. Simonaire, District 31

Bill indexed under the following Subjects:

Death -see also- Advance Medical Directives; Wrongful Death.
Estates and Trusts
Federal Government
Inheritance Tax
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