2025 Regular SessionMaryland Legislature

SB859: Fair Share for Maryland Act of 2025

Legislative Summary

Altering a certain limit on the unified credit used for determining the estate tax for decedents dying on or after a certain date; altering a certain limitation on the amount of the estate tax for decedents dying on or after a certain date; altering the definition of "qualified child" for purposes of a certain credit against the State income tax for certain dependent children; imposing a certain business transportation fee on certain taxable income of corporations and pass-through entities for certain taxable years; etc.

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

2/3/2025
First Reading Budget and Taxation
Senate
2/5/2025
Hearing 3/05 at 1:00 p.m.
Senate

Status Information

Current Status
Introduced(2/3/2025)
Chamber
Senate
Committee
Budget and Taxation(Senate)

Documents

Introduced
Bill Text2/4/2025314.6 KB