Maryland House Bill 1011

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Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 5 2024 - 25% progression
Action: 2024-02-07 - Hearing 2/29 at 1:00 p.m. (Environment and Transportation)
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]

Prohibiting the imposition of an excise tax or certificate of title fee for the transfer of certain vessels to a trust or from a trust to certain beneficiaries under certain circumstances; requiring that an application for a certificate of title for a vessel contain certain information; authorizing an individual who is the sole owner of a certain vessel to apply to the Department of Natural Resources to designate a beneficiary to take ownership of the vessel on the death of the owner; etc.

Vessel Transfers - Excise Tax and Title Fee Exemption and Transfer-on-Death Beneficiary Designation

Del. Steven Arentz [R]

Del. Jeff Ghrist [R]

Del. Jay Jacobs [R]

Date	Chamber	Action
2024-02-07	House	Hearing 2/29 at 1:00 p.m. (Environment and Transportation)
2024-02-05	House	First Reading Environment and Transportation and Ways and Means

Chapter	Article	Section	Citation Type	Statute Text
Estates and Trusts	5	1001	(n/a)	See Bill Text
Natural Resources	8	701	(n/a)	See Bill Text
Natural Resources	8	715	(n/a)	See Bill Text
Natural Resources	8	716	(n/a)	See Bill Text
Natural Resources	8	720.1	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1011?ys=2024RS
Text	https://mgaleg.maryland.gov/2024RS/bills/hb/hb1011f.pdf