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Bill > S01157


NY S01157

NY S01157
Repeals the estate tax.


summary

Introduced
01/11/2019
In Committee
01/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

AN ACT to amend the tax law and the administrative code of the city of New York, in relation to taxable estates; and to repeal article 26 of the tax law relating thereto The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1

AI Summary

This bill repeals Article 26 of the New York tax law, which relates to the state's estate tax. The bill also makes conforming changes to other sections of the tax law and the New York City administrative code to remove references to the repealed estate tax. The key effect of this bill is to eliminate the estate tax at the state level in New York.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS (on 01/08/2020)

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