AN ACT CONCERNING THE GIFT AND ESTATE TAX.
To parallel the Internal Revenue Code by excluding gifts otherwise includible in the gross estate of the decedent from taxation under the estate tax, by including in the taxable estate any gift taxes paid within three years of death (for which a credit is allowed), and including a credit for gift taxes paid by the decedent's spouse on gifts made by the decedent that are then includible in the decedent's estate.
Introduced by:Finance, Revenue and Bonding Committee
|New today||2-4 days old||5 days & older|
Co-sponsors for Amendment LCO:
|4/9/2014||(LCO)||File Number 457|
|4/9/2014||Senate Calendar Number 296|
|4/9/2014||Favorable Report, Tabled for the Calendar, Senate|
|4/9/2014||(LCO)||Reported Out of Legislative Commissioners' Office|
|4/3/2014||(LCO)||Referred to Office of Legislative Research and Office of Fiscal Analysis 04/08/14 5:00 PM|
|3/25/2014||(LCO)||Filed with Legislative Commissioners' Office|
|3/25/2014||(FIN)||Joint Favorable Substitute|
|3/7/2014||Public Hearing 03/13|
|3/3/2014||Referred to Joint Committee on Finance, Revenue and Bonding|