summary
Introduced
02/26/2024
02/26/2024
In Committee
02/26/2024
02/26/2024
Crossed Over
Passed
Dead
04/15/2024
04/15/2024
Introduced Session
2024 Regular Session
Bill Summary
Amend KRS 140.070 and 140.080 to include a foster child as a Class A beneficiary and to delete language that only applies to deaths occurring prior to July 1, 1995, or between July 1, 1995, and June 30, 1998.
AI Summary
This bill amends the Kentucky Revised Statutes (KRS) to include a foster child as a Class A beneficiary for inheritance tax purposes and removes language that only applied to deaths occurring prior to July 1, 1995, or between July 1, 1995, and June 30, 1998. The bill also specifies that it applies to estates of decedents who die on or after August 1, 2024.
Sponsors (1)
Last Action
to Committee on Committees (H) (on 02/26/2024)
Bill Topics
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://apps.legislature.ky.gov/record/24RS/hb785.html | 02/26/2024 |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/24RS/hb785/orig_bill.pdf | 02/26/2024 |
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