Tracking Virginia’s General Assembly
since 2007.
HB519: Estate tax; exemptions.
Chief Patron
Del.
Ward Armstrong (D-10)
Ward Armstrong
(D-10)
Martinsville, VA
Served: 1992–
Progress
| Introduced | |
| Passed Committee | |
| Passed House | |
| Passed Senate | |
| Signed by Governor | |
| Became Law |
Status
Bill is Dead
Summary
Estate tax. Exempts from the estate tax (i) all estates where the majority of assets are an interest in a closely held business, including working farms, and (ii) all estates where the gross estate is worth $10 million or less. View Full Text »

