HOUSE BILL 533

File Code: Taxes - Miscellaneous

Sponsored By:

Delegate Mandel

Entitled:

Inheritance Tax - Relatives of Decedent

Synopsis:

Exempting from the inheritance tax property that passes from a decedent to or for the use of the decedent's lineal relatives, for decedents dying on or after July 1, 2000; reducing the inheritance tax rate for property that passes from a decedent to or for the use of a nephew or niece of the decedent, for decedents dying on or after July 1, 2000; exempting property that passes from a decedent to or for the use of the decedent's brothers, sisters, nieces, and nephews, for decedents dying on or after July 1, 2002; etc.

History by Legislative Date

House Action

2/7

First Reading Ways and Means

2/9

Hearing 2/23 at 11:00 a.m.

3/3

Unfavorable Report by Ways and Means

Senate Action

No Action

Bill indexed under the following Subjects:

EXEMPTIONS

INHERITANCE TAX

PERSONAL PROPERTY

REAL PROPERTY

Bill affects the following Statutes:

Tax - General

( 7-203 , 7-203 , 7-203 , 7-204 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered