Bills › 88th General Assembly
Where it is now
- Done: IntroducedJune 9, 2020
- Done: SubcommitteeFebruary 5, 2020
- Done: House committeeMarch 11, 2020
- Stopped: Passes the HouseDied when the General Assembly ended
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
This bill exempts from the state individual income tax the interest and earnings received from a burial trust fund. Burial trust funds, which are governed by Code chapter 523A, are irrevocable trusts established by a person with a financial institution for the purpose of funding the future purchase of cemetery merchandise, funeral merchandise, funeral services, or a combination thereof upon the death of the person named in the burial trust fund’s records or a related purchase agreement. The bill applies retroactively to January 1, 2020, for tax years beginning on or after that date.
House subcommittee
Named February 5, 2020. On March 10, 2020 it recommended passage.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Family tree
Study bill
88th General Assembly
Picked up later
Earlier and later bills are matched by wording or an identical title.
Similar bills
- HF 367 Exempting from the state individual income tax the earnings from a burial trust fund, and …89th General Assembly · Signed by GovernorNearly identical
Matched by wording or an identical title.