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)