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

DateAction
01/07/2020Prefiled and ordered printed; offered 01/08/20 20100735D
01/07/2020Referred to Committee on Finance and Appropriations
01/24/2020Impact statement from TAX (SB637)
01/29/2020Committee substitute printed to LIS only 20107066D-S1
01/29/2020Continued to 2021 in Finance and Appropriations (10-Y 6-N) (see vote tally)
12/04/2020Left in Finance and Appropriations

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