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2006 SESSION

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SB 659 Estate tax; conformity of state and federal statutes.

Introduced by: Ryan T. McDougle | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

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.

FULL TEXT

• 01/18/06  Senate: Presented and ordered printed 062222766  pdf | impact statement

HISTORY

• 01/18/06  Senate: Presented and ordered printed 062222766
• 01/18/06  Senate: Referred to Committee on Finance
• 02/14/06  Senate: Incorporated by Finance (SB504-Norment) (15-Y 0-N)