Ch. 643                                          LAWS OF MARYLAND

CHAPTER 643

(House Bill 272)

AN ACT concerning

Death Taxes Maryland Generation-Skipping Transfer Tax

FOR the purpose of repealing the tax on commissions of personal
representatives of decedents' estates; altering probate fees
of the registers of wills; altering the maximum commissions
allowable to personal representatives of decedents' estates;
imposing a tax on certain generation-skipping transfers;
altering inheritance tax rates for certain property passing
from decedents dying on or after a certain date; altering a
timing requirement for payment of the Maryland estate tax;
imposing an income tax on the income of estates; repealing
the inheritance tax for decedents dying on or after a
certain date; altering the calculation of the Maryland
estate tax; providing for the administration of estates and
certain taxes with respect to decedents dying before certain
dates; defining certain terms; providing for corrections to
certain references to provisions that are renumbered by this
Act; providing for the effective dates date and application
of the provisions of this Act; and generally relating to the
tax on commissions, probate fees, the Maryland estate tax,
the Maryland generation-skipping transfer tax, inheritance
taxes, and income taxation of estates.

BY repealing and reenacting, with amendments,

Article - Estates and Trusts

Section 2-206

Annotated Code of Maryland

(1974 Volume and 1987 Supplement)

BY repealing

Article - Estates and Trusts

Section 5-606

Annotated Code of Maryland

(1974 Volume and 1987 Supplement)

BY adding to

Article - Estates and Trusts

Section 5-606

Annotated Code of Maryland

(1974 Volume and 1987 Supplement)

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