Elizabeth Bennett-Parker
- Democratic
- Delegate
- District 5
Reinstatement of the estate tax. Reinstatesthe estate tax for persons dying on and after July 1, 2024. The billprovides that no estate tax shall be imposed on a gross estate ifthe majority of the assets of the estate are an interest in a closelyheld business or a working farm. The bill designates revenues fromthe estate tax to be used for early childhood care and educationpurposes.
Committee substitute posted to LIS only 24107085D-H1
Continued to 2025 with substitute in Finance
House subcommittee amendments and substitutes offered
Subcommittee recommends continuing to 2025 with substitute (7-Y 0-N)
Impact statement from TAX (HB1414)
Assigned Finance sub: Subcommittee #3
Presented and ordered printed 24104291D
Referred to Committee on Finance
Bill Text Versions | Format |
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Presented and ordered printed 24104291D | PDF HTML |
Committee substitute posted to LIS only 24107085D-H1 | PDF HTML |
Document | Format |
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Fiscal Impact Statement: HB1414F161.PDF |
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