25RS HB 726

Actions

Last Action	02/19/25: to Committee on Committees (H)
Title	AN ACT relating to inheritance tax exemptions.
Bill Documents	Introduced
Bill Request Number	1177
Sponsors	D. Gordon, N. Wilson
Summary of Original Version	Amend KRS 140.080 to exempt Class B beneficiaries from inheritance taxation when receiving property from a decendent who died on or after January 1, 2026.
Index Headings of Original Version	Deaths - Inheritance tax, Class B beneficiary, exemption Taxation - Inheritance tax, Class B beneficiary, exemption Taxation, Inheritance and Estate - Class B beneficiary, exemption Wills and Estates - Inheritance tax, Class B beneficiary, exemption