Bill Title: As enacted, eliminates the gift tax effective January 1, 2012; does not absolve taxpayer of any liability for tax duly imposed prior to January 1, 2012. - Amends TCA Title 67, Chapter 8, Part 6; Title 67, Chapter 8, Part 1 and Title 67, Chapter 8, Part 4.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2012-05-29 - Pub. Ch. 1085 [SB2777 Detail]

Text: Latest bill text (Draft #1) [PDF]

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