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NY S06649
Bill
Status
Introduced
3/8/2012
Primary Sponsor
John Bonacic
Click for details
AI Summary
- Amends Tax Law Section 951 to allow dispositions to non-citizen surviving spouses to qualify for the federal estate tax marital deduction for New York estate tax purposes when no federal estate tax return is required
- Permits the marital deduction to apply even when the surviving spouse is not a U.S. citizen, without requiring the disposition to pass through a Qualified Domestic Trust (QDOT) as mandated by federal law
- Applies retroactively to estates of decedents who died on or after January 1, 2010
- Takes effect immediately upon enactment
Legislative Description
Relates to the estate tax treatment of dispositions to surviving spouses who are not United States citizens.
Last Action
COMMITTED TO RULES
6/21/2012
Committee Referrals
Rules6/21/2012
Investigations and Government Operations3/8/2012
Full Bill Text
No bill text available