File Code: Taxes - Miscellaneous
Crossfiled with: SENATE BILL 244
- Sponsored By:
-
Delegate Hixson
- Entitled:
-
Inheritance Tax - Corrective
Clarifying and correcting inheritance tax law provisions made obsolete
by the exemption from the tax for a decedent's lineal relatives and
siblings and the repeal of the lineal inheritance tax rate; clarifying
the tax's applicability under specified circumstances when property
passes to spouses as tenants by the entireties or an application to
prepay the tax on a subsequent interest is filed; repealing an
elective inheritance tax exemption for farmland passing to lineal
relatives of a decedent; etc.
House Action
- 1/31
- First Reading Ways and Means
- 2/7
- Hearing 2/22 at 11:00 a.m.
- 3/5
- Favorable Report by Ways and Means
- 3/6
- Favorable Report Adopted
- Second Reading Passed
- 3/9
- Third Reading Passed (137-0)
- 3/28
- Returned Passed
- 5/17
- Governor vetoed - Cross-filed bill was signed
Senate Action
- 3/12
- First Reading Budget and Taxation
- 3/30
- Favorable Report by Budget and Taxation
- Favorable Report Adopted
- Second Reading Passed
- 3/31
- Third Reading Passed (47-0)
- Bill indexed under the following Subjects:
- CORRECTIVE LEGISLATION
- ESTATES AND TRUSTS
- EXEMPTIONS
- FARMLAND
- INHERITANCE TAX
- INTEREST
- PENALTIES
- Bill affects the following Statutes:
- Tax - General
- (
7-209 ,
7-210 ,
7-211 ,
7-221
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
- Roll Call Votes (Legislative dates are shown):
- House
- March 9, 2001: Third Reading Passed (137-0)
- Senate
- March 31, 2001: Third Reading Passed (47-0)