H 4104 - Exempts Decedents Estates from State Estate Tax if Under $2 Million - Massachusetts Key Vote

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Title: Exempts Decedents Estates from State Estate Tax if Under $2 Million

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Title: Exempts Decedents Estates from State Estate Tax if Under $2 Million

Vote Smart's Synopsis:

Vote to adopt a conference report vote and pass a bill that exempts decedents estates from state estate taxes if the total estate is worth no more than $2 million.

Highlights:

  • Exempts individual decedents estates from any state estate taxes polcies and regulations if the total decendent’s estate is worth no more than $2 million (Sec. 3).

  • Specifies that the provisions of this bill shall take effect for taxable years beginning January 1, 2023 (Sec. 49).

Title: Exempts Decedents Estates from State Estate Tax if Under $2 Million

Title: Exempts Decedents Estates from State Estate Tax if Under $2 Million

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