MD HB294 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 12 2024 - 25% progression
Action: 2024-01-12 - First Reading Environment and Transportation and Ways and Means
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 12 2024 - 25% progression
Action: 2024-01-12 - First Reading Environment and Transportation and Ways and Means
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Prohibiting the imposition of an excise tax or title fee for the transfer of certain vessels to a trust or from a trust to certain beneficiaries under certain circumstances.
Title
Estates and Trusts - Vessel Transfers - Excise Tax and Title Fee Exemption
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-12 | House | First Reading Environment and Transportation and Ways and Means |
Subjects
Beneficiaries
Boats and Ships
Estates and Trusts
Excise Tax
Exemptions
Fees
Natural Resources - Generally
Revenue and Taxes
Titles
Transfer of Goods
Boats and Ships
Estates and Trusts
Excise Tax
Exemptions
Fees
Natural Resources - Generally
Revenue and Taxes
Titles
Transfer of Goods
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Estates and Trusts | 5 | 1001 | (n/a) | See Bill Text |
| Natural Resources | 8 | 716 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0294?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/hb/hb0294f.pdf |
