Estate tax; reinstatement. (SB637)
Introduced By
Sen. Scott Surovell (D-Mount Vernon)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Estate tax; reinstatement. Reinstates the estate tax for persons dying on and after July 1, 2020. No estate tax shall be imposed on a gross estate if the majority of the assets of the estate are an interest in a closely held business or a working farm. The bill designates revenues from the estate tax to be used for health care purposes. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/07/2020 | Prefiled and ordered printed; offered 01/08/20 20100735D |
| 01/07/2020 | Referred to Committee on Finance and Appropriations |
| 01/24/2020 | Impact statement from TAX (SB637) |
| 01/29/2020 | Committee substitute printed to LIS only 20107066D-S1 |
| 01/29/2020 | Continued to 2021 in Finance and Appropriations (10-Y 6-N) (see vote tally) |