PA SB100

Amends Section 2127 of the Tax Reform Code of 1971 to allow a family exemption of up to $100,000 to be deducted from the value of property transferred for inheritance tax purposes when claimed by a member of the same family

Maintains existing deductions for reasonable estate administration expenses, funeral and burial costs, tombstones and gravemarkers, burial trusts or contracts, and bequests for religious services

Applies retroactively to property transferred after June 30, 2024

Takes effect immediately upon enactment