File Code: Taxes - Miscellaneous
Prior Year Introduction As: HB 291/99 - W&M
- Sponsored By:
-
Delegate Cryor
- Entitled:
-
Inheritance Tax - Tax Rate - Family of Decedent
Reducing from 0.9% to 0.5% the inheritance tax rate for property that
passes from a decedent to or for the use of a grandparent, parent,
spouse, lineal descendant, sibling, stepparent, or stepchild or a
corporation owned entirely by the relatives of a decedent; and
reducing the inheritance tax rate for property that passes from a
decedent to a sibling of the decedent to 5%.
House Action
- 1/18
- First Reading Ways and Means
- 1/19
- Hearing 1/25 at 11:00 a.m.
Senate Action
- No Action
- Bill indexed under the following Subject:
- INHERITANCE TAX
- Bill affects the following Statute:
- Tax - General
- (
7-204
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
