224 LAWS OF MARYLAND. [CH. 156

ably by persons benefitting by reason of the circumstances
or transactions giving rise to the tax and conferring juris-
diction upon Courts of Equity to enforce such Contribu-
tions.

SECTION 1. Be it enacted "by the General Assembly of Mary-
land, That Section 126 of Article 81 of the Annotated Code
of Maryland (1939 Edition), title "Revenue and Taxes", sub-
title "Inheritance Tax", be and it is hereby repealed and
that a new Section 126 be and it is hereby enacted in lieu
thereof, to read as follows:

126. (1) Definitions. When used in this section,

(a) The term "Estate Tax" means the tax and interest
levied under the provisions of Chapter 3—title "Estate Tax"
of the United States Internal Revenue Code, or any amend-
ments thereto.

(b) The term "Internal Revenue Code" means the Internal
Revenue Code of the United States, approved February 10,
1939, and any amendments thereto.

(c) The term "executor" means the executor or administra-
tor of a decedent, or, where no executor or administrator has
been appointed, the person or fiduciary who has paid the
estate tax.

(d) The terms "gross estate" and "net estate" mean re-
spectively the gross estate and the net estate as determined
under the provisions of Chapter 3, title "Estate Tax", of the
United States Internal Revenue Code or any amendments
thereto.

(e) The term "specific exemption" means the exemption
allowed in computing the net estate, determined under Sec-
tion 812 (a), 935 (c), or Section 861, as the case may be,
of the United States Internal Revenue Code or any amend-
ments thereto.

(f) The term "true estate" means all the real and personal
property owned by a decedent (whether he die testate or
intestate) which would pass to his heirs at law and next of
kin under the Maryland statutes of descent and distribution
in case of intestacy.

(g) The word "person" means an individual, a corporation
or a fiduciary.

(2) Whenever it appears upon any accounting, or in any
appropriate action or proceeding, that an executor, adminis-
trator, trustee or other person acting in a fiduciary capacity,