AN ACT RELATING TO TAXATION -- ESTATE AND TRANSFER TAXES--LIABILITY AND COMPUTATION
Summary
Increases the net taxable estate exemption to $3,600,000 on January 1, 2026 and increases the exemption by $1,000,000 on January 1, 2027, and every year thereafter.
Bill status
died
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2025
Last action Jun 3, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Jun 3, 2025
Committee
06/03/2025 Committee recommended measure be held for further study
legislature
Feb 26, 2025
Introduced
02/26/2025 Introduced, referred to Senate Finance
upper
4 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
David Tikoian
DDemocratic
P
Hanna Gallo
DDemocratic
P
Ryan Pearson
DDemocratic
P
Thomas Paolino
RRepublican
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