Bill > SB211

This bill repeals the Maryland Estate Tax, meaning that the state will no longer collect taxes on the transfer of a deceased person's assets to their heirs. Specifically, it removes Sections 2-801 and 2-802, along with the subtitle "Subtitle 8. Maryland Estate Tax Revenue Distribution," and Sections 7-301 through 7-305, 7-305.1, and 7-306 through 7-309, and the subtitle "Subtitle 3. Maryland Estate Tax" from Article - Tax - General of the Annotated Code of Maryland. The publisher of the Annotated Code will be responsible for updating any cross-references or terminology that become incorrect due to this repeal, and these changes will be noted in an editor's note. This repeal will take effect on July 1, 2026, and will apply to individuals who die on or after June 30, 2026.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0211?ys=2026RS