Introduced by: Vivian E. Watts | all patrons … notes | add to my profiles

Reinstatement of the estate tax. Reinstates the estate tax for persons dying on and after July 1, 2021. The bill provides that no estate tax shall be imposed on a gross estate if the majority of the assets of the estate are an interest in a closely held business or a working farm. The bill designates revenues from the estate tax to be used for health care purposes.