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2010 Regular Session bill information current as of December 10, 2010 - 9:01 p.m.
Failed - Dead Legislation
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SENATE BILL 592

File Code: Taxes - Miscellaneous
Prior Year Introduction As: HB 166/09 - W&M
Crossfiled with: HOUSE BILL 221

Sponsored By:
Senators Garagiola, Kittleman, and Klausmeier

Entitled:
Maryland Estate Tax - Exclusion for Qualified Agricultural Property


Synopsis:

Altering the determination of the Maryland estate tax under specified circumstances to exclude from the value of the gross estate the value of specified agricultural property; providing for the recapture of the Maryland estate tax under specified circumstances; requiring the Comptroller to adopt regulations; and applying the Act to decedents dying after December 31, 2009.


History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. Explain Legislative Date and Calendar Date
Senate Action
2/5
First Reading Budget and Taxation
2/17
Hearing 3/10 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Rob Garagiola, District 15
Senator Allan H. Kittleman, District 9
Senator Katherine Klausmeier, District 8

Bill indexed under the following Subjects:

Agriculture -see also- Farmland
Comptroller
Estates and Trusts
Exemptions
Farmland
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Rules and Regulations

Bill affects the following Statutes:

Tax - General
( 7-309 , 7-309 )


Documents

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



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