Estate tax; reinstates tax for persons dying on or after July 1,2014. (HB569)
Introduced By
Del. Vivian Watts (D-Annandale)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Estate tax reinstated. Reinstates the estate tax for persons dying on or after July 1, 2014. No estate tax will be imposed on a gross estate if the majority of the assets of the estate is an interest in a closely held business or a working farm. The revenues from the estate tax would be used for health care purposes. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/06/2014 | Committee |
| 01/06/2014 | Prefiled and ordered printed; offered 01/08/14 14102325D |
| 01/06/2014 | Referred to Committee on Finance |
| 01/13/2014 | Assigned Finance sub: Subcommittee #2 |
| 01/14/2014 | Impact statement from TAX (HB569) |
| 01/15/2014 | Subcommittee recommends laying on the table |
| 02/12/2014 | Left in Finance |