SB 637 Virginia Senate · 2021 Regular Session

Estate tax; reinstatement.

Summary
Estate tax; reinstatement. Reinstates theestate tax for persons dying on and after July 1, 2020. No estatetax shall be imposed on a gross estate if the majority of the assetsof the estate are an interest in a closely held business or a workingfarm. The bill designates revenues from the estate tax to be usedfor health care purposes.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 7, 2020 Last action Dec 4, 2020
Floor votes

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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
1
Jan 7, 2020
Senate · Referred to committee
Referred to Committee on Finance and Appropriations
Jan 7, 2020
Senate · Introduced
Prefiled and ordered printed; offered 01/08/20 20100735D
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Scott Surovell
Scott Surovell
DDemocratic
VA
34