SB 0508 Repeals state estate tax if federal estate tax is repealed
LR Number:1953S.02C Fiscal Note:1953-02
Committee:Ways and Means
Last Action:05/18/01 - 006 S Calendar S Bills for Perfection w/SCS Journal page:
Title:SCS SBs 508 & 468
Effective Date:August 28, 2001
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Current Bill Summary

SCS/SBs 508 & 468 - This act repeals the state tax upon the transfer of a decedent's estate in the event Congress repeals the federal estate tax. The repeal becomes effective upon the effective date of the federal repeal, if any.

This act is similar to TAT CCS/SCS/HCS/HB 241 (2001).