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Senate Bill 0077


Senate Bill 0077

ARCHIVE (2003)

Latest Information

 

DIGEST OF INTRODUCED BILL


Elimination of inheritance tax. Provides that the state inheritance tax does not apply to property interest transfers from the estate of a person who dies after June 30, 2003. Amends the Indiana estate tax formula and provides that the amended formula applies to the estate of a person who dies after June 30, 2003. Terminates the inheritance tax effective July 1, 2005. Makes conforming amendments.
    Current Status:
     In Committee - first House
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