VA HB736 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 6 2020 - 25% progression
Action: 2020-01-06 - Referred to Committee on Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Estate tax; reinstatement. Reinstates the estate tax for persons dying on and after July 1, 2020. No estate tax shall be imposed on a gross estate if the majority of the assets of the estate are an interest in a closely held business or a working farm. The bill designates revenues from the estate tax to be used for health care purposes.

Tracking Information

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Title

Estate tax; reinstatement.

Sponsors


History

DateChamberAction
2020-01-06HouseReferred to Committee on Finance
2020-01-06HousePrefiled and ordered printed; offered 01/08/20 20104337D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
581901(n/a)See Bill Text
581902(n/a)See Bill Text
581905(n/a)See Bill Text
581912(n/a)See Bill Text

Virginia State Sources


Bill Comments

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