Inheritance Tax - Beneficiaries of Limited Means - Installment Payments
Sponsor: Jon S. Cardin (District 11B)Committee: Ways and MeansSubject: Taxes - MiscellaneousStatus: Hearing 1/23 at 1:00 p.m. (as of Dec 1, 2025)
What this bill does
Official synopsis
Requiring a register of wills to allow an installment payment plan for the inheritance tax to be paid by a certain beneficiary of limited means under certain circumstances and subject to certain limitations; and applying the Act to all decedents dying on or after July 1, 2025.
AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (0)
MGA witness listFAV 2FavorableUNF 1Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Delegate Cardin, Delegate Cardinlegislator | Individual | Oral |
| FAV | Meyerovich, Mark | Individual | Position only |
| UNF | Killdis-Bill, Anita | Killdis-Bill & Moore, LLC | Oral |