HB 419 Estate tax; reinstated for persons dying on or after July 1, 2012.
Vivian E. Watts | all patrons    ...    notes
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Summary as introduced:
Estate tax reinstated.  Reinstates the estate tax for persons dying on or after July 1, 2012. 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 first be used for funding staffing standards in nursing homes required to be established under the bill, which staffing standards would require a minimum period of time of direct care services to each resident per 24-hour period.

Full text:
01/10/12  House: Prefiled and ordered printed; offered 01/11/12 12101398D  pdf | impact statement

Status:
01/10/12  House: Prefiled and ordered printed; offered 01/11/12 12101398D
01/10/12  House: Referred to Committee on Finance
01/20/12  House: Assigned Finance sub: #2
01/25/12  House: Subcommittee recommends laying on the table by voice vote
02/14/12  House: Left in Finance