1997 Regular Session

SENATE BILL 212

File Code: Miscellaneous
Sponsored By:
Senator Craig
Entitled:
Inheritance Tax - Tax Rate - Siblings, Nieces, and Nephews of Decedent

Synopsis:

Reducing from 10% to 1% the inheritance tax rate for property that passes from a decedent to or for the use of a brother, sister, niece, or nephew of the decedent; and providing for the application of the Act.

Legislative History

Senate Action
1/17
First Reading Budget and Taxation
1/22
Hearing 2/5 at 1:00 p.m.
1/30
Hearing cancelled
Hearing 2/5 at 1:30 p.m.
4/3
Unfavorable Report by Budget and Taxation
House Action
No Action
Bill indexed under the following Subject:
INHERITANCE TAX
Bill affects the following Statute:
Tax - General
( 7-204 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)