General Assembly leaders say they are fearful wealthy Maryland residents are moving out of state because of Maryland’s high estate tax and are promoting legislation that would cut the “death tax”
Maryland imposes a tax when property is transferred from the deceased to a living relative, if that property is valued at more than $1 million — the tax caps at 16% of the entire estate.
Gun advocates protest bill intended to stop guns from being sold to those legally barred from owning them; Senate passes bill protecting transgendered people from discrimination; proposed bill would increase penalties for hazing; bill would require private citizens to report death, dead body to authorities; lawmakers hope to re-address ground-rent controversy; Sen. Forehand backs former Del. Kagan to replace her; Mizeur blasts gubernatorial foes over not doing more to prevent foreclosures; experts say candidate Brown hasn’t defined himself well apart from O’Malley; and Brown announces education initiatives.
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