Loading chat...

OH HB3

Bill

Official Source

Status

Introduced

1/11/2011

Primary Sponsor

John Adams

Click for details

Origin

House of Representatives

129th General Assembly (2011-2012)

AI Summary

  • Repeals Ohio's estate tax effective January 1, 2013 for all individuals dying on or after that date
  • Amends sections 5731.02, 5731.19, and 5731.21 of the Revised Code by adding "and before January 1, 2013" to limit estate tax applicability to deaths before that date
  • Estate tax continues to apply to individuals who died between July 1, 1968 and December 31, 2012, with tax rates ranging from 2% to 7% based on taxable estate value
  • Eliminates requirement to file estate tax returns for decedents dying on or after January 1, 2013
  • No returns shall be filed for estates of decedents dying on or after January 1, 2013

Legislative Description

To repeal the estate tax for the estates of individuals dying on or after January 1, 2013.

Estate tax-repeal

Last Action

Committee Report - S

2/17/2011

Full Bill Text

No bill text available