Ch. 2

LAWS OF MARYLAND

The reference to "Subtitle B of the Internal Revenue
Code" is substituted for 'the former obsolete reference
to the "Revenue Act of 1926", for accuracy and
clarity. In light of this substitution, the former
clause "which is subject to or liable for the payment
of the 'federal estate tax'" is deleted.

Defined term: "Internal Revenue Code" § 1-101

(C)  FEDERAL ESTATE TAX.

"FEDERAL ESTATE TAX" MEANS THE TAX IMPOSED BY CHAPTER 11 OF
THE INTERNAL 'REVENUE CODE.

REVISOR'S NOTE: This subsection is new language derived
without substantive change from former Art. 62A, §
1(a).

The reference to "Chapter 11 of the Internal Revenue
Code" is substituted for the former, obsolete
references to the "Title III of the federal Revenue
Act of 1926" and to 1928 amendments to that Act, for
accuracy.

Defined term: "Internal Revenue Code" § 1-101

(D)  MARYLAND ESTATE.

"MARYLAND ESTATE" MEANS THE PART OF AN ESTATE THAT THIS
STATE HAS THE 'POWER TO SUBJECT TO THE MARYLAND ESTATE TAX.

REVISOR'S NOTE: This subsection is new language derived
without substantive change from former Art. 62A, §
1(f).

The former phrase "or interest therein" is deleted as
surplusage.

Defined terms: "Estate" § 7-301
"Maryland estate tax" § 1-101

REVISOR'S NOTE TO SECTION: Former Art. 62A, § 1(d), which
defined the term "executor" to include any person
responsible for paying the Maryland estate tax, is
deleted as unnecessary since, throughout this
subtitle, references to that person are substituted
for the term "executor".

7-302. IMPOSITION OF TAX.

EXCEPT AS PROVIDED IN § 7-303 OF THIS SUBTITLE, A TAX IS
IMPOSED ON THE TRANSFER OF THE MARYLAND ESTATE OF EACH DECEDENT
WHO, AT THE TIME OF DEATH, WAS:

- 180 -