Maryland Senate Bill 324 (Prior Session Legislation)

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February 8 2012 - Hearing 2/15 at 1:15 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

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.

Estate Tax - Exclusion of Qualified Agricultural Property

Sen Garagiola	Sen Kittleman	Sen Pipkin	Sen Jacobs
Sen Brinkley	Sen Reilly	Sen Jennings	Sen Mathias
Sen Shank	Sen Miller	Sen Forehand	Sen Simonaire
Sen Robey	Sen Klausmeier	Sen Middleton	Sen Glassman
Sen Colburn	Sen Edwards	Sen Kasemeyer	Sen Young

Date	Chamber	Action
2012-02-08		Hearing 2/15 at 1:15 p.m.
2012-02-08		Hearing cancelled
2012-02-01		Hearing 2/15 at 1:00 p.m.
2012-01-27		First Reading Budget and Taxation

Type	Source
Summary	http://mlis.state.md.us/2012rs/billfile/SB0324.htm
Text	http://mlis.state.md.us/2012rs/bills/sb/sb0324f.pdf