Estate tax; reinstates the tax for persons dying on or after July 1, 2021.
Summary
Reinstatement of the estate tax. Reinstatesthe estate tax for persons dying on and after July 1, 2021. The billprovides that no estate tax shall be imposed on a gross estate ifthe majority of the assets of the estate are an interest in a closelyheld business or a working farm. The bill designates revenues fromthe estate tax to be used for health care purposes.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 12, 2021
Last action Feb 3, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 12, 2021
Committee
Referred to Committee on Finance
lower
Jan 12, 2021
Introduced
Prefiled and ordered printed; offered 01/13/21 21101005D
lower
1 primary · 1 co-sponsor
Sponsors
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