summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to the Massachusetts estate tax. Revenue.
AI Summary
This bill amends the Massachusetts estate tax law to increase the estate tax exemption to $2,500,000 for decedents dying on or after December 31, 2016. It also allows a surviving spouse to claim an additional exemption equal to the amount of the unused exemption of a deceased spouse. The bill is intended to provide tax relief for Massachusetts residents by raising the threshold for estates subject to the state's estate tax.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5040 (on 10/15/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H2636 |
| Bill | https://malegislature.gov/Bills/191/H2636.pdf |
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