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PA HB1684

PA HB1684
In inheritance tax, further providing for appraisement and for deductions.


summary

Introduced
06/30/2025
In Committee
06/30/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An act relating to tax reform and State taxation by codifying and enumerating certain subjects of taxation and imposing taxes thereon; providing procedures for the payment, collection, administration and enforcement thereof; providing for tax credits in certain cases; conferring powers and imposing duties upon the Department of Revenue, certain employers, fiduciaries, individuals, persons, corporations and other entities; prescribing crimes, offenses and penalties," in inheritance tax, further providing for appraisement and for deductions.

AI Summary

This bill amends two sections of Pennsylvania's Tax Reform Code related to inheritance tax, specifically changing the timeframe for appraisement and deduction determinations from six months to sixty days. Under the revised law, the Department of Revenue will now have sixty days after a tax return is filed to conduct a fair and conscionable appraisement of property subject to inheritance tax, instead of the previous six-month window. Similarly, for deductions, the official handling the return must determine the allowance or disallowance of claimed deductions within sixty days after the claim is filed. If these determinations are not made within the specified timeframe, the court can set an additional period upon application by any interested party, including the personal representative. The bill also maintains existing provisions that require deductions over $100 to be verified either through counsel representation for the Commonwealth or proof of notice to the register. The legislation will take effect 60 days after its enactment, aiming to streamline and expedite the inheritance tax review process.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

Referred to Finance (on 06/30/2025)

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