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1999 SESSION

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SB 1220 Personal representatives and trustees.

Introduced by: Emmett W. Hanger, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Personal representatives and trustees. Authorizes such fiduciaries to donate conservation easements on land of their decedents and settlors in order to obtain benefit of an estate tax exclusion allowed under the Internal Revenue Code. This is a recommendation of the Commission on the Future of Virginia’s Environment. This bill is identical to HB 1876.


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