1. A HOLOCAUST VICTIM; OR

2. A SPOUSE OR DESCENDANT OF A HOLOCAUST VICTIM.

(3) THE EXCLUSION UNDER PARAGRAPH (2) OF THIS SUBSECTION
INCLUDES INTEREST ON THE PROCEEDS RECEIVABLE AS INSURANCE UNDER
POLICIES ISSUED BY EUROPEAN INSURANCE COMPANIES PRIOR TO AND DURING
WORLD WAR II TO A HOLOCAUST VICTIM OF NAZI PERSECUTION.

(4) THE EXCLUSION UNDER PARAGRAPH (2) OF THIS SUBSECTION DOES
NOT INCLUDE:

(I) ASSETS ACQUIRED WITH THE ASSETS DESCRIBED IN
PARAGRAPH (2) OF THIS SUBSECTION; OR

(II) ASSETS ACQUIRED WITH THE PROCEEDS FROM THE SALE OF
THE ASSETS DESCRIBED IN PARAGRAPH (2) OF THIS SUBSECTION.

(5) THE EXCLUSION UNDER PARAGRAPH (2)(1) OF THIS SUBSECTION
SHALL ONLY APPLY IF THE DECEDENT WAS THE FIRST RECIPIENT OF THE ASSET
DESCRIBED IN PARAGRAPH (2)(I) OF THIS SUBSECTION AFTER THEIR RECOVERY AND

WAS:

(I) A VICTIM OF NAZI PERSECUTION; OR

(II) A SPOUSE OR DESCENDANT OF A VICTIM OF NAZI

PERSECUTION.

(5) THE SUBTRACTION UNDER PARAGRAPH (2)(I) OF THIS SUBSECTION
SHALL ONLY APPLY IF THE DECEDENT:

(I) WAS THE FIRST RECIPIENT OF THE ASSETS DESCRIBED IN
PARAGRAPH (2)(I) OF THIS SUBSECTION AFTER THEIR RECOVERY; AND

(II) WAS:

1. A HOLOCAUST VICTIM; OR

2. A SPOUSE OR DESCENDANT OF A HOLOCAUST VICTIM.

10-207.

(a) To the extent included in federal adjusted gross income, the amounts under
this section are subtracted from the federal adjusted gross income of a resident to
determine Maryland adjusted gross income.

(T) (1) IN THIS SUBSECTION, THE TERM "VICTIM OF NAZI PERSECUTION"
MEANS A VICTIM OF NAZI PERSECUTION WITHIN THE MEANING OF THE NAZI
PERSECUTION VICTIMS ELIGIBILITY BENEFITS ACT, PUB. L. NO. 103-286, 108 STAT.
1450 (1994).

(2) THE SUBTRACTION UNDER SUBSECTION (A) OF THIS SECTION
INCLUDES: