Proyectos de ley › 89.ª Asamblea General
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
Temas:Taxes
Dónde está ahora
- Hecho: Presentado21 de abril de 2021
- 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 2022 terminó el 24 de mayo de 2022, la última sesión ordinaria de la Asamblea General. Los proyectos que no pasaron por ambas cámaras murieron. ¿Qué es el embudo (funnel)?
Qué contiene
Resumen con IA Iowa would change how it calculates inheritance taxes for people who have passed away. It would allow larger gifts to be made without them being counted toward the total value of an estate. Additionally, the amount of money an estate can hold before it has to pay this tax would increase from $25,000 to $100,000. (Todavía no está traducido al español.)1
Lea la explicación oficial (en inglés)
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. The bill specifies that a gift made within three years of the death of a decedent shall not be included in the estate unless the gift exceeds the federal gift tax exclusion amount (currently $15,000) or $25,000, whichever is greater. The bill also increases from $25,000 to $100,000 the value at which estates are exempt from the state inheritance tax. The bill applies to estates of decedents dying on or after July 1, 2021.