89th General Assembly · Iowa Funnel one-pager · Tuesday, November 10, 2026
HF 886: Relating to the state inheritance tax by modifying gift amounts excludable in an estate and modifying the exemption amount of estates of a certain size, and including applicability provisions
Died when the session ended · The 2022 session adjourned on May 24, 2022, the General Assembly’s last regular session. Bills that didn’t pass both chambers died.
What it does
This bill relates to the state inheritance tax by modifying gift amounts includable in an estate and modifying the exemption amount of estates of a certain size, and includes applicability provisions. Currently, annual gifts made within three years of death of the decedent that are in excess of the federal gift tax exclusion, presently set at $15,000, are included in an estate for purposes of calculating the state inheritance tax. The federal gift tax exclusion increases over time with inflation.
Sponsors
Not listed
Cost
No fiscal note
Lobbying · 2 for, 0 against
For: Americans For Prosperity; Iowa State Bar Association
In plain words
- April 21, 2021Filed in the House and sent to the Ways and Means committee
From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Tuesday, November 10, 2026. https://iowafunnel.com/bills/89/HF886