Inheritance Tax - Beneficiaries of Limited Means - Installment Payments
Hearing (House)
Summary
The bill lets qualifying heirs—those with federal adjusted gross income under $125,000 or a surviving spouse/head of household—keep their inherited primary residence or farm by paying the inheritance tax over time. They must apply to the register of wills, which will set a payment schedule if paying the tax outright would force a sale. The rule starts July 1 2026 for estates of decedents dying on or after that date.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Ask about HB 98
3 free questions a day, no accountHearings
- Ways and Means — Bill HearingWays and Means · Jan 20, 2026
History
- First Reading Ways and Means
- Hearing 1/20 at 1:00 p.m.
- Pre-filed
Sponsors
- Cardin · sponsor
Similar bills in other states
Loading the map of where bills like this one were filed.
Topics
Share
Writing about this bill? Add a live status widget to your site or newsletter. It updates as the bill moves.
Track this bill
Get an email when HB 98 moves: committee action, floor votes, amendments and hearings. Free, no card.
Track HB 98 freeOr ask your AI assistant about HB 98 directly:
Add to Claude, ChatGPT or Cursor