Loading chat...

NY A01514

Bill

Status

Introduced

1/10/2011

Primary Sponsor

James Tedisco

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Repeals article 26 of the tax law, which imposed New York's estate tax on taxable estates of deceased persons
  • Removes references to article 26 from section 1023 of the tax law regarding liens and personal liability of transferees for unpaid estate tax
  • Removes reference to section 994 of the tax law from secrecy provisions in section 1825 regarding violations of tax law confidentiality
  • Eliminates references to article 26 valuation methods in section 11-1712 of the New York City Administrative Code regarding property disposition by heirs
  • Takes effect immediately upon enactment

Legislative Description

Repeals article 26 of the tax law known as the estate tax.

Last Action

held for consideration in ways and means

6/19/2012

Committee Referrals

Ways and Means1/10/2011

Full Bill Text

No bill text available