VETOES

(ii) withholding excess income tax;

(iii) an overpayment of estimated financial
institution franchise tax or estimated income tax; or

(iv) an overpayment of Maryland estate tax
based on an inheritance tax payment made after payment of
Maryland estate tax; or

(3) made for Maryland estate tax or Maryland
generation-skipping transfer tax more than 1 year after the event
on which the claim is based.

13-901.

(d) A claim for refund of Maryland estate tax or Maryland
generation-skipping transfer tax may be filed by a claimant
required to pay the tax if:

(1) the Maryland estate tax is decreased as a result
of:

(i) a decrease in the federal estate tax on the

estate; or

(ii) an inheritance tax payment made after a
Maryland estate tax payment; or

(2) the Maryland generation-skipping transfer tax is
decreased as a result of a decrease in the federal
generation-skipping transfer tax on the generation-skipping
transfer.

SECTION 3. AND BE IT FURTHER ENACTED, That except as
provided in Section 4 of this Act; this Act shall take effect
July 1, 1989 and shall be applicable to persons dying on or after
July 1, 1989. Those statutes in effect on June 30, 1989 shall
govern the administration, on and after July 1, 1989, of estates
of persons who died before July 1, 1989 and the imposition, rate,
administration, and distribution of revenue, on and after July 1,
1989, of the tax on commissions of personal representatives, the
Maryland estate tax, the income tax, and the inheritance tax with
respect to estates of persons who died before July 1, 1989.

SECTION 4. AND BE IT FURTHER ENACTED, That the changes made

under this Act to §§ 7-203, 10-101, and 10-212 of the Tax -

General Article, making estates subject to the income tax and
exempting the income of estates from the inheritance tax, shall
take effect January 1, 1990 and shall be applicable only to

estates of persons dying on or after January 1, 1990. Those

statues in effect on December 31, 1989 shall govern the

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