University of Maryland Extension

State Surcharge Is Included in Cap for Ag Transfer Tax

Author: 
Paul Goeringer
Post date: 
Nov 29, 2015

Photo by Edwin Remsberg 

This post should not be construed as legal or tax advice

            Recently, the Maryland Court of Appeals (the highest state court) found that the statutory cap on the ag land transfer tax includes the state’s surcharge.  For those unfamiliar with the ag land transfer tax, the tax is imposed on qualifying land transfers.  Revenues generated from the state ag land transfer tax are divided among the 23 counties and Baltimore City to support county land preservation programs.  The state’s surcharge on this transfer tax was enacted in 2008 and is utilized to support state-administered rural land preservation programs, such as Maryland Agricultural Land Preservation Foundation and the Rural Legacy Program.

To read more, click over to the Maryland Risk Management Education Blog.

Tags: 
agricultural land transfer tax
maryland court of appeals
tax refund
state surcharge
land preservation
farmland preservation
Brought to you by: 

Agricultural Law

We embody the University's land-grant mission with a commitment to eliminate hunger, preserve our natural resources, improve quality of life, and empower the next generation through world-class education.
Maintained by the IET Department of the College of Agriculture and Natural Resources. © 2020. Web Accessibility

University programs, activities, and facilities are available to all without regard to race, color, sex, gender identity or expression, sexual orientation, marital status, age, national origin, political affiliation, physical or mental disability, religion, protected veteran status, genetic information, personal appearance, or any other legally protected class. If you need a reasonable accommodation to participate in any event or activity, please contact your local University of Maryland Extension Office.