Text: SF02022 Text: SF02024 Text: SF02000 - SF02099 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 450.9, subsection 2, Code 1995, is 1 2 amended to read as follows: 1 3 2. Each son and daughter, including legally adopted sons 1 4 and daughters, or biological sons and daughters entitled to 1 5 inherit under the law of this state,fiftyone hundred 1 6 thousand dollars. 1 7 Sec. 2. This Act takes effect July 1 following enactment 1 8 and applies to the estates of decedents dying on or after that 1 9 date. 1 10 EXPLANATION 1 11 The bill increases the inheritance tax exemption for 1 12 children from $50,000 to $100,000. 1 13 The bill is effective July 1 following enactment for 1 14 estates of decedents dying on or after that date. 1 15 LSB 3493SS 76 1 16 mg/sc/14
Text: SF02022 Text: SF02024 Text: SF02000 - SF02099 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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