2012 Regular Session


File Code: Taxes - Miscellaneous Prior Year Introduction As: HB 721/11 - W&M Crossfiled with: SENATE BILL 324
Sponsored By:
Delegates Afzali, Barkley, Clagett, Elliott, Feldman, George, Glass, Hershey, Hogan, Hough, Ivey, Jacobs, A. Kelly, Krebs, McComas, A. Miller, Myers, Niemann, Otto, Parrott, Ready, Schulz, and Sophocleus
Estate Tax - Exclusion of Qualified Agricultural Property


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.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
House Action
First Reading Ways and Means
Hearing 2/14 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Kathy Afzali, District 4A
Delegate Charles Barkley, District 39
Delegate Galen R. Clagett, District 3A
Delegate Donald B. Elliott, District 4B
Delegate Brian J. Feldman, District 15
Delegate Ron George, District 30
Delegate Glen Glass, District 34A
Delegate Stephen S. Hershey, Jr., District 36
Delegate Patrick N. Hogan, District 3A
Delegate Michael J. Hough, District 3B
Delegate Jolene Ivey, District 47
Delegate Jay A. Jacobs, District 36
Delegate Ariana B. Kelly, District 16
Delegate Susan W. Krebs, District 9B
Delegate Susan K. McComas, District 35B
Delegate Aruna Miller, District 15
Delegate LeRoy E. Myers, Jr., District 1C
Delegate Doyle L. Niemann, District 47
Delegate Charles J. Otto, District 38A
Delegate Neil Parrott, District 2B
Delegate Justin Ready, District 5A
Delegate Kelly Schulz, District 4A
Delegate Theodore Sophocleus, District 32

Bill indexed under the following Subjects:

Agriculture -see also- Farmland
Death -see also- Advance Medical Directives; Wrongful Death.
Equipment -see also- Motor Vehicle Equipment
Estates and Trusts
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
Fiscal and Policy Note: Available
Amendments: None offered