SB0372 (CH0315)

Find a 2018 Bill:

2018 Regular Session



Estates and Trusts – Transfer From Revocable Trust – Exemption From Taxes and Fees

Sponsored by:

Senator Kasemeyer


Approved by the Governor - Chapter 315

Synopsis:Exempting from certain real property recordation, transfer, and excise taxes and fees transfers of real property and certain vehicles from a revocable trust to a beneficiary of the trust as a result of the death of the settlor of the revocable trust.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senator Kasemeyer
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2018
Budget and Taxation  View Committee HearingHealth and Government Operations  View Committee Hearing
Broad Subject(s):Taxes - Recordation and Transfer
Estates and Trusts
Narrow Subject(s):Beneficiaries -see also- Estates and Trusts
Death -see also- Advance Medical Directives; Wrongful Death
Estates and Trusts -see also- Beneficiaries
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Motor Vehicles -see also- Aband Veh; Ambulances; Buses; etc.
Real Property
Transfer Tax
Statutes:Article - Estates and Trusts

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

May 9, 2018 3:32 P.M.