MD SB163 | 2014 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on January 13 2014 - 25% progression, died in committee
Action: 2014-02-05 - Hearing 2/05 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 13 2014 - 25% progression, died in committee
Action: 2014-02-05 - Hearing 2/05 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Repealing a limit on the unified credit used for determining the Maryland estate tax; repealing a requirement that the Maryland estate tax shall be in effect even if the federal estate tax is not in effect on the date of the decedent's death; repealing a requirement that the Maryland estate tax be determined without regard to a specified deduction allowed under the federal estate tax; and applying the Act to decedents dying after December 31, 2013.
Title
Maryland Estate Tax - Unified Credit and Exclusion Amount
Sponsors
| Sen. James Brochin [D] | Sen. Brian Feldman [D] | Sen. Katherine Klausmeier [D] | Sen. Bryan Simonaire [R] |
| Sen. Ronald Young [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-02-05 | Senate | Hearing 2/05 at 1:00 p.m. |
| 2014-01-13 | Senate | First Reading Budget and Taxation |
Subjects
Death
Estates and Trusts
Exemptions
Federal Government
Revenue and Taxes
Tax Credits
Taxes - Miscellaneous
Estates and Trusts
Exemptions
Federal Government
Revenue and Taxes
Tax Credits
Taxes - Miscellaneous
