WILLIAM DONALD SCHAEFER, Governor                       Ch. 2

notwithstanding approval of an alternative payment
schedule.

Former Art. 81, § 176A(i)(l), which enabled the

Comptroller to adopt regulations, is deleted as

unnecessary in light of subsection (e) of this
section.

Defined terms: "Comptroller" § 1-101
"Inheritance tax" § 1-101 "Person" § 1-101
"Register" § 7-101

7-219. PREPAYMENT OF TAX.

(A)  APPLICATION.

WITHIN A REASONABLE TIME AFTER THE VALUATION OF A LESS THAN
ABSOLUTE INTEREST IN PROPERTY THAT PASSES FROM A DECEDENT, AN
APPLICATION TO PREPAY THE INHERITANCE TAX FOR A SUBSEQUENT
INTEREST IN THE SAME PROPERTY MAY BE FILED WITH THE REGISTER OF
THE COUNTY WHERE THE INVENTORY WAS FILED UNDER § 7-225 OF THIS
SUBTITLE.

(B)  APPLICANT.

(1)  AN APPLICATION UNDER SUBSECTION (A) OF THIS
SECTION MAY BE FILED BY OR FOR A PERSON OR CLASS OF PERSONS,
WHETHER OR NOT THEN IN BEING, IN WHOM MAY VEST A SUBSEQUENT
INTEREST IN THE PROPERTY VALUED.

(2)  AN APPLICATION UNDER SUBSECTION (A) OF THIS
SECTION MAY NOT BE MADE BY OR FOR A PERSON WHO, UNDER THE
INSTRUMENT THAT CREATED THE PROPERTY INTERESTS, HAS NO INTEREST
OTHER THAN THE POSSIBILITY OF BECOMING AN APPOINTEE BY THE
EXERCISE OF A POWER OF APPOINTMENT.

(3)  A PERSON WHO ONLY HAS THE INTEREST DESCRIBED IN
PARAGRAPH (2) OF THIS SUBSECTION IS ENTITLED TO RECEIVE THE
BENEFITS OF PREPAYMENT UNDER § 7-210(B) OF THIS SUBTITLE.

REVISOR'S NOTE: This section is new language derived
without substantive change from former Art. 81, §
161(e), the first sentence of (a), and the reference
to failure to make timely application in (c).

In subsection (a) of this section, the reference to an
application "to prepay inheritance tax" is substituted
for the former reference to a "valuation" by the
court, for clarity.

Also in subsection (a) of this section, the reference
to filing with "the register" is substituted for the
former reference to filing with the court, for
clarity.

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