Tracking Virginia’s General Assembly
since 2007.
SB140: Estate tax; conformity of state and federal statutes.
Chief Patron
Sen.
Jay O'Brien (R-39)
Jay O'Brien
(R-39)
Served: 2002–
Progress
| Introduced | |
| Passed Committee | |
| Passed House | |
| Passed Senate | |
| Signed by Governor | |
| Became Law |
Status
Bill is Dead
Summary
Estate tax. Conforms the amount of Virginia estate tax due from an estate to the maximum amount of the federal estate tax credit for state estate taxes, as permitted under federal estate tax law, as such law shall be amended from time to time. Under current law the amount of Virginia estate tax cannot be less than the federal credit under federal law as such law existed on January 1, 1978. View Full Text »

