Reducing the state inheritance tax rates and providing for the future repeal of the state inheritance tax and state qualified use inheritance tax

Where it is now

1. ✓
   Done: IntroducedJanuary 11, 2021
2. ✓
   Done: SubcommitteeJanuary 12, 2021
3. ✕
   Stopped: Senate committeeDied when the General Assembly ended
4. Next: Passes the Senate
5. Next: House committee
6. Next: Passes the House
7. Next: To the Governor
8. Next: Signed into law

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’s a funnel?

Senate subcommittee

Named January 12, 2021. It hasn’t reported yet.

• Sen. Dan Dawson REmail
• Sen. Tim Goodwin R
• Sen. Janet Petersen DEmail

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

Fiscal note

The projected annual reduction in net General Fund revenue associated with a phase-down and repeal of the Iowa inheritance tax and the qualified use inheritance tax is provided in the Projected Fiscal Year Revenue Reduction columns of the following table. The revenue reduction in comparison to current law will continue beyond FY 2033.

• Inheritance Tax, Phaseout · February 1, 2021

Nonpartisan cost estimates from the Legislative Services Agency’s Fiscal Services Division. The newest is first. Reading a fiscal note

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.

Tried before

This idea has been filed in an earlier General Assembly. None got through a chamber.

• SF 39 Reducing the state inheritance tax rates and providing for the future repeal of the state …
  88th General Assembly · In committee · same title
  Cleared committee

Matched by the wording of each bill’s explanation, or an identical title. Companion bills and renumbered versions of this bill aren’t listed; they’re the same bill.