SENATE BILL 860

Sponsored By:

Senators Hafer and Harris

Entitled:

Inheritance Tax - Stepchildren and Stepparents of a Decedent

Synopsis:

Defining terms for purposes of inheritance tax exemptions to include former stepchildren and former stepparents within an exemption under the inheritance tax for property that passes from a decedent to or for the use of specified relatives of a decedent or to or for the use of a corporation owned by specified relatives of a decedent; altering a specified exemption to include spouses and lineal descendants of a child of a decedent; and applying the Act to decedents dying on or after July 1, 2004.

History by Legislative Date

Senate Action

2/23

First Reading Senate Rules

2/27

Re-referred Budget and Taxation

3/17

Hearing 3/30 at 1:00 p.m.

4/5

Favorable with Amendments Report by Budget and Taxation

4/3

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

4/4

Third Reading Passed (44-0)

4/10

Returned Passed

4/27

Signed by the Governor Chapter 145

House Action

4/3

First Reading House Rules and Executive Nominations

4/8

Re-referred Ways and Means

Hearing 4/9 at 1:00 p.m.

4/10

Favorable Report by Ways and Means

4/7

Favorable Report Adopted

Second Reading Passed

Motion Rules Suspended two readings same day (Delegate Hixson) Adopted (133-0)

Third Reading Passed (138-0)

Sponsored by:

Senator John J. Hafer, District 1

Senator Andrew P. Harris, District 7

Bill indexed under the following Subjects:

EXEMPTIONS

INHERITANCE TAX

Bill affects the following Statute:

Tax - General

( 7-203 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 529737/01 (PDF)     Offered on: April 5, 2004   at: 1:22 p.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

April 4, 2004: Third Reading Passed (44-0)

House

April 7, 2004: Motion Rules Suspended two readings same day (Hixson) Adopted (133-0)

April 7, 2004: Third Reading Passed (138-0)