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OK SB1268
Bill
AI Summary
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Amends 68 O.S. 2011, Section 804.1 to clarify that no lien related to estate tax shall attach to any property passing through a decedent's estate, by joint tenancy, or otherwise for deaths occurring on or after January 1, 2010.
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Eliminates the requirement for an order exempting estate tax liability to authorize release of property or to make real property title marketable.
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Preserves existing lien obligations for deaths occurring before January 1, 2010.
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Becomes effective November 1, 2012.
Legislative Description
Estate tax liens; clarifying language. Effective date.
Revenue and Taxation
Last Action
Second Reading referred to Rules
2/7/2012
Committee Referrals
Rules2/7/2012
Full Bill Text
No bill text available