Text: HF00095 Text: HF00097 Text: HF00000 - HF00099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 450.2, Code 1997, is amended by adding
1 2 the following new unnumbered paragraph:
1 3 NEW UNNUMBERED PARAGRAPH. Property passing from estates of
1 4 decedents dying on or after July 1, 1997, is not subject to
1 5 tax under this chapter. This chapter is repealed July 1,
1 6 1997, for property of estates of decedents dying on or after
1 7 July 1, 1997.
1 8 Sec. 2. Section 450.4, Code 1997, is amended by adding the
1 9 following new subsection:
1 10 NEW SUBSECTION. 7. On any property of an estate of a
1 11 person dying on or after July 1, 1997.
1 12 Sec. 3. This Act applies to estates of decedents dying on
1 13 or after July 1, 1997.
1 14 EXPLANATION
1 15 The bill eliminates the state inheritance tax on property
1 16 passing from estates of persons dying on or after July 1,
1 17 1997.
1 18 LSB 1561HH 77
1 19 mg/cf/24
Text: HF00095 Text: HF00097 Text: HF00000 - HF00099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
Iowa General Assembly
Search: House Bills and Amendments (77th General Assembly)
© 1997 Cornell College and League of Women Voters of Iowa
Comments? webmaster@legis.iowa.gov.
Last update: Wed Feb 5 03:40:23 CST 1997
URL: /DOCS/GA/77GA/Legislation/HF/00000/HF00096/970128.html
jhf