Budget & Taxes

S1311

This bill repeals the transfer inheritance tax and amends the New Jersey estate tax to increase the filing threshold and applicable exclusion amounts in accordance with the provisions of federal tax law. The bill’s new estate tax system applies to transfers of property and the estates of resident decedents dying after December 31, 2011.

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S1311


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  • answered 2015-03-27 10:14:42 -0400
    Q: S1311
    A: Yes, I would like to co-sponsor this legislation