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2014 SESSION

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HB 569 Estate tax; reinstates tax for persons dying on or after July 1,2014.

Introduced by: Vivian E. Watts | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

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.


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