IN HB1299 | 2010 | Regular Session
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 12 2010 - 25% progression, died in committee
Action: 2010-01-12 - First reading: referred to Committee on Rules and Legislative Procedures
Pending: House Rules and Legislative Procedures Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 12 2010 - 25% progression, died in committee
Action: 2010-01-12 - First reading: referred to Committee on Rules and Legislative Procedures
Pending: House Rules and Legislative Procedures Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Phases out the inheritance tax beginning July 1, 2013, by giving an increasing credit against the inheritance tax due. Provides that the inheritance tax does not apply to the transfer of property interests by a decedent whose death occurs after June 30, 2018. Phases out payments of the inheritance tax replacement amount to counties over a period between 2013 and 2018. Provides that the estate tax and generation skipping transfer tax do not apply after June 30, 2018. Makes technical corrections.
Title
Inheritance and estate taxes.
Sponsors
| Rep. Bill Davis [R] | Rep. Eric Turner [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-12 | First reading: referred to Committee on Rules and Legislative Procedures | |
| 2010-01-12 | Coauthored by Representative Davis | |
| 2010-01-12 | Authored by Representative Turner |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2010&session=1&request=getBill&doctype=HB&docno=1299 |
| Text | http://www.in.gov/legislative/bills/2010/IN/IN1299.1.html |
