NJ A1242 | 2016-2017 | Regular Session

Note: Carry Over of previous A4225

Status

Spectrum: Partisan Bill (Republican 7-0)
Status: Introduced on January 27 2016 - 25% progression, died in committee
Action: 2016-01-27 - Introduced, Referred to Assembly Budget Committee
Pending: Assembly Budget Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Exempts transfers of property to Class C beneficiaries from transfer inheritance tax and increases filing threshold and applicable exclusion amount under estate tax to $5,000,000 over five-year period.

Tracking Information

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Title

Exempts transfers of property to Class C beneficiaries from transfer inheritance tax and increases filing threshold and applicable exclusion amount under estate tax to $5,000,000 over five-year period.

Sponsors


History

DateChamberAction
2016-01-27AssemblyIntroduced, Referred to Assembly Budget Committee

Same As/Similar To

A4225 (Carry Over) 2015-02-24 - Introduced, Referred to Assembly Budget Committee
S1101 (Same As) 2016-02-08 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee

Subjects


New Jersey State Sources


Bill Comments

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