IN SB0148 | 2011 | Regular Session
Status
Spectrum: Strong Partisan Bill (Republican 19-1)
Status: Introduced on January 5 2011 - 25% progression, died in committee
Action: 2011-02-14 - Senator Randolph added as coauthor
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 5 2011 - 25% progression, died in committee
Action: 2011-02-14 - Senator Randolph added as coauthor
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Phases out the inheritance tax beginning July 1, 2013, by giving an increasing credit against the inheritance tax due. Provides that the inheritance tax does not apply to the transfer of property interests by a decedent whose death occurs after June 30, 2018. Phases out payments of the inheritance tax replacement amount to counties over a period between 2013 and 2018. Provides that the estate tax and generation skipping transfer tax do not apply after June 30, 2018. Makes technical corrections.
Title
Inheritance tax and estate tax.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2011-02-14 | Senator Randolph added as coauthor | |
2011-01-20 | Senator Boots added as coauthor | |
2011-01-12 | Senators Nugent, Grooms and Paul added as coauthors | |
2011-01-11 | Senators Leising and Mishler added as coauthors | |
2011-01-11 | Senators M. Young and Smith added as coauthors | |
2011-01-10 | Senators Zakas and Delph added as coauthors | |
2011-01-06 | Senators Schneider, Kruse and Eckerty added as coauthors | |
2011-01-06 | Senator Tomes added as coauthor | |
2011-01-06 | Senator Walker added as coauthor | |
2011-01-05 | First reading: referred to Committee on Tax and Fiscal Policy | |
2011-01-05 | Coauthored by Senator Holdman | |
2011-01-05 | Authored by Senators Banks and Yoder |
Indiana State Sources
Type | Source |
---|---|
Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2011&session=1&request=getBill&doctype=SB&docno=0148 |
Text | http://www.in.gov/legislative/bills/2011/IN/IN0148.1.html |