Proyectos de ley › 88.ª Asamblea General
Relating to inheritance taxes, by providing for an exemption, and including applicability provisions
Temas:Taxes
Dónde está ahora
- Hecho: Presentado3 de abril de 2019
- Se detuvo: SubcomitéMurió al terminar la Asamblea General
- Sigue: Comité de la Cámara
- Sigue: Lo aprueba la Cámara
- Sigue: Comité del Senado
- Sigue: Lo aprueba el Senado
- Sigue: A gobernador(a)
- Sigue: Firmado como ley
Murió al terminar la sesión La sesión de 2020 terminó el 14 de junio de 2020, la última sesión ordinaria de la Asamblea General. Los proyectos que no pasaron por ambas cámaras murieron. ¿Qué es el embudo (funnel)?
Qué contiene
La explicación oficial está en inglés; todavía no hay resumen en palabras sencillas.
This bill amends Iowa’s inheritance tax law in which property owned by a person who has died (any part of the decedent’s estate) and passing to an heir or beneficiary, regardless of whether the decedent made a will, is taxed at a progressively higher rate based on the value of the property., children or grandchildren). The bill creates a similar exemption for agricultural land, including any associated farmstead, which passes to a farm hand subject to several eligibility requirements for each of the previous years.
Lea la explicación completa
The agricultural land must have been eligible for the family farm tax credit, the decedent must have filed a schedule F as part of a federal tax return, the agricultural land must have been part of an ongoing farming operation, and the farm hand must have received a wage or salary for performing agricultural labor on the agricultural land. The bill applies to estates of decedents dying on or after July 1, 2019.