Bill Text: IN SB0371 | 2016 | Regular Session | Enrolled

Bill Title: Probate matters. Provides that an individual otherwise qualified for certain property tax deductions for property that the individual occupies as a beneficiary of the trust that owns the property is not required to be considered the owner of the property under the rules of construction for the property tax law for the trust to receive the property tax deduction. Transfers certain inheritance tax duties from the probate court, county assessor, and county treasurer to the department of state revenue with respect to inheritance tax returns filed after March 31, 2016. Revises the inheritance tax allocation statute so that the current

Spectrum: Slight Partisan Bill (Republican 4-2)

Status: (Passed) 2016-03-24 - Public Law 190 [SB0371 Detail]

Download: Indiana-2016-SB0371-Enrolled.pdf
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