6347.E AMH SCOT TAYT 606
ESB 6347 - H AMD 2656
By Representative Scott |
NOT ADOPTED 03/11/2026
On page 2, line 7, after "before" strike "July 1, 2026" and insert "January 1, 2029, or such date as the conditions in (c) of this subsection are met"
On page 2, line 21, after "after" strike "July 1, 2026" and insert "January 1, 2029, or such date as the conditions of (c) of this subsection are met"
On page 3, after line 9, insert the following:
"(c) With respect to decedents dying on or after January 1, 2029, the tax rate in (a)(iii) of this subsection does not apply until the department makes a determination that the revenues from the tax imposed in section 201, chapter . . . (Engrossed Substitute Senate Bill No. 6346), Laws of 2026 are being deposited into the state treasury. The department shall provide notice of the date of such determination to the fiscal committees of the legislature and the office of the code reviser."
On page 3, after line 15, insert the following:
"NEW SECTION. Sec. This act takes effect January 1, 2029."
| EFFECT: Delays the changes to the estate tax rates until January 1, 2029, or until such date as the Department of Revenue determines that income tax revenues are being collected.
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