6347.E AMH SCOT H3780.1
ESB 6347 - H AMD TO FIN COMM AMD (H-3753.1/26) 2298
By Representative Scott
OUT OF ORDER 03/11/2026
On page 1, line 26, after "before" strike "July 1, 2026" and insert "January 1, 2029"
On page 1, beginning on line 27, after "after" strike "July 1, 2026" and insert "January 1, 2029"
On page 1, line 29, after "(xi)" insert "(A)"
On page 1, line 30, after "2027" insert "and 2028"
On page 2, line 1, after "(($3,000,000))" strike "$2,193,000 by" and insert "$3,093,000 by the factor in (a)(xi)(C) of this subsection.
(B) For estates of decedents dying in calendar year 2030 and each calendar year thereafter, the amount in (a)(viii) of this subsection must be adjusted annually, except as otherwise provided in this subsection (1)(a)(xi). The annual adjustment is determined by multiplying $2,193,000 by the factor in (a)(xi)(C) of this subsection.
(C) The factor is"
On page 2, line 4, after "$1,000." insert the following:
"(D)"
On page 4, line 14, after "before" strike "July 1, 2026" and insert "January 1, 2029"
On page 4, line 28, after "after" strike "July 1, 2026" and insert "January 1, 2029"
On page 5, after line 21, insert the following:
"NEW SECTION. Sec. 3. This act takes effect January 1, 2029."
EFFECT: Delays the changes to the estate exclusion amount and the estate tax rate changes until January 1, 2029.
--- END ---