HB 456 Summary

• Amends Ohio Revised Code sections 5731.02, 5731.19, and 5731.21 to add an effective date of January 1, 2011, for the repeal of Ohio's estate tax

• Limits the estate tax on resident decedents to those dying on or after July 1, 1968, and before January 1, 2011

• Limits the estate tax on non-resident decedents' Ohio property to those dying on or after July 1, 1968, and before January 1, 2011

• Eliminates the requirement to file estate tax returns for decedents dying on or after January 1, 2011

• Repeals the three amended code sections effective upon passage of the legislation