Ch. 2

LAWS OF MARYLAND

In subsection (a)(1) of this section, the former
reference to a "concurrent" interest is deleted as
unnecessary in light of the defined term "subsequent
interest".

Also in subsection (a)(1) of this section, the defined
term "property" is substituted for the former word
"corpus", for clarity.

Also in subsection (a)(1) of this section, the word
"interest" is substituted for the former words "estate
or estates", for clarity.

In subsection (b)(2) of this section, the reference to
"prepaid" tax is substituted for the former reference
"the tax or taxes previously paid"; to clarify that
the deduction is for amounts of tax paid under a
prepayment application.

In the introductory language of subsection (c)(1) of
this section, the former reference to the payment of a
tax "at the rate of either 1% or 7 1/2%, or a proper
combination of the two" is deleted as surplusage.

Also in the introductory language of subsection (c)(1)
of this section, the reference to the date "due under
§ 7-217(c) of this subtitle" is substituted for the
former reference to payment of the inheritance tax
"within thirty days from the date of such
determination", for clarity.

In subsection (c)(l)(ii) of this section, the
reference to valuation "in the manner stated in
subsection (a) of this section" is substituted for the
former directive "so value", for clarity. Similarly,
in subsection (c)(1)(iii) of this section, the
reference to "the value ... and on the relationship
..." is substituted for the former reference to "such
value".

In subsection (d)(2)(i) and (ii) of this section, the
references to "the persons by or for whom the
application to prepay ... is filed" and to "each of
those persons" are substituted for the former
reference to "the applicants", to avoid confusion with
the party who applies for apportionment.

Defined terms: "Inheritance tax" § 1-101
"Person" § 1-101 "Property" § 1-101
"Property that passes from a decedent" § 7-201
"Subsequent interest" § 7-201

7-211. ELECTION FOR SPECIAL VALUATION.

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