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Bill > S1862


MA S1862

MA S1862
Abolishing the death tax


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to abolish the death tax. Revenue.

AI Summary

This bill proposes to abolish the "death tax", which refers to the Massachusetts estate tax, by repealing Chapter 65C of the General Laws. The estate tax is a tax levied on the transfer of a person's property and assets upon their death. By repealing this chapter, the bill aims to eliminate this tax, which is typically paid by the deceased person's estate before the remaining assets are distributed to their heirs or beneficiaries.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H5245 (on 09/22/2022)

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