Maryland Estate Tax - Repeal

SB 211 would repeal Maryland's estate tax by removing specific sections of the state tax code, including provisions governing estate tax calculations and revenue distribution. This bill directly affects Maryland residents who inherit property from deceased individuals, as it would eliminate the tax obligation on estates exceeding the current threshold. Key provisions include repealing Sections 2-801 and 2-802, the "Subtitle 8" revenue distribution section, and all sections under "Subtitle 3" (7-301 through 7-309) of the Maryland Tax Code. The repeal would take effect July 1, 2026, applying to individuals who die after June 30, 2026.