2009 House Bill 5227

Exempt residence inheritance from tax “pop up”

Introduced in the House

Aug. 4, 2009

Introduced by Rep. Judy Nerat (D-108)

To exempt the inheritance of a parent’s principle residence by his or her child from the taxable value "pop up," where the property tax taxable value jumps from a capped value to the current market value upon sale.

Referred to the Committee on Tax Policy