Introduced
by
To make non-substantive technical wording changes to the state inheritance tax law. This method is sometimes used to create a “vehicle” bill that can be amended on short notice to increase or re-impose a tax. Under current law, the federal “death tax” rate, gradually lowered over several years to zero in 2010 by the temporary Bush tax cuts, comes back at 55 percent at midnight, Dec. 31, 2010.
Referred to the Committee on Tax Policy
