NJ S1101 | 2016-2017 | Regular Session
Note: Carry Foward to future S2198
Note: Carry Over of previous S2776
Note: Carry Over of previous S2776
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 8 2016 - 25% progression, died in committee
Action: 2016-02-08 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Pending: Senate Budget and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 8 2016 - 25% progression, died in committee
Action: 2016-02-08 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Pending: Senate Budget and Appropriations 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.
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
| Date | Chamber | Action |
|---|---|---|
| 2016-02-08 | Senate | Introduced in the Senate, Referred to Senate Budget and Appropriations Committee |
Same As/Similar To
S1101 (Carry Over) 2016-02-08 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
S2776 (Carry Over) 2015-03-09 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
A1242 (Same As) 2016-01-27 - Introduced, Referred to Assembly Budget Committee
S2776 (Carry Over) 2015-03-09 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
A1242 (Same As) 2016-01-27 - Introduced, Referred to Assembly Budget Committee
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2016/S1101 |
| Text | https://pub.njleg.gov/Bills/2016/S1500/1101_I1.HTM |
