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Ch. 183 LAWS OF MARYLAND
CHARTER 183
(Senate Bill 903)
AN ACT concerning
Inheritance Tax
FOR the purpose of adding grandparents to the list of inheritors
whose inheritance is taxed at a certain rate; and making
stylistic changes.
BY repealing and reenacting, with amendments,
Article 81 - Revenue and Taxes
Section 149(a) and 150(a)
Annotated Code of Maryland
(1980 Replacement Volume and 1986 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 81 - Revenue and Taxes
149.
(a) There is hereby levied and imposed a tax at the rate of
one per centum on every one hundred dollars of the clear value of
any and all property, haying a taxable situs in this State,
passing at the death of any resident or nonresident decedent, in
trust or otherwise, to or for the use of the father, mother,
husband, wife, children, GRANDFATHER, GRANDMOTHER, lineal
descendants of [such] THE decedent, or any stepchild or
stepparent of the decedent.
150.
(a) There is hereby levied and imposed a tax at the rate of
ten per centum on every one hundred dollars of the clear value of
any and all property having a taxable situs in this State,
passing at the death of any resident or nonresident decedent, in
trust or otherwise, to or for the use of any person or persons
other than the father, mother, husband, wife, children,
GRANDFATHER, GRANDMOTHER, or lineal descendants of [such] THE
decedent or any stepchild or stepparent of the decedent; the rate
of 1 percent shall apply to the amount of any joint savings
account passing at the death of the decedent by survivorship to a
spouse of a lineal descendant up to an aggregate of $2000 for all
accounts held jointly with any such spouse, any amount in excess
of that amount to be taxed at the collateral rate provided in §
150. Provided, however, that nothing in this section shall apply
to property passing to the State or to any county or city of the
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