Bill > HB98

This bill, effective July 1, 2026, allows beneficiaries of limited means, defined as individuals with a federal adjusted gross income below certain thresholds ($125,000 for most, or $250,000 for those filing jointly or as a surviving spouse/head of household), to pay inheritance tax on eligible real property in installments. Eligible real property includes the beneficiary's primary residence or agricultural land that they maintain as such, provided that paying the tax in full on the due date would force the sale of that property. A beneficiary can apply for this installment payment plan by submitting an application to the Register, who will then determine the payment schedule and amounts.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0098?ys=2026RS