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TN HB0580

Bill

Official Source

Status

Introduced

2/9/2011

Primary Sponsor

Steve McDaniel

Click for details

Origin

House of Representatives

107th General Assembly

AI Summary

Legislative Description

As introduced, for inheritance tax purposes, excludes from decedent's gross estate the special use value of certain family owned farmland; exempts from additional taxation certain woodland and conservation transactions; exempts up to $5 million or 50 percent of the value of certain land covered by conservation easements. - Amends TCA Title 67.

Taxes, Inheritance Gift

Last Action

P2C, ref. to Conservation & Environment Committee

2/16/2011

Committee Referrals

Conservation & Environment2/16/2011

Full Bill Text

No bill text available