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2010 House Bill 6197: Revise inheritance tax details

Public Act 224 of 2010

Introduced by Rep. Andrew Kandrevas (D) on May 20, 2010
To establish certain rebuttable presumptions regarding the intent of a person who dies in 2010 and wills an estate, generally to the effect of reducing the estate’s tax liability. The bill specifies procedures and deadlines for attempts to rebut the presumption. Note: Under current law, the federal “death tax” rate, gradually lowered over several years to zero in 2010 by the temporary Bush tax cuts, comes back at 55 percent at midnight, Dec. 31, 2010.   Official Text and Analysis.
Referred to the House Judiciary Committee on May 20, 2010
Reported in the House on May 26, 2010
Without amendment and with the recommendation that the bill pass.
Passed 105 to 0 in the House on June 1, 2010.
    See Who Voted "Yes" and Who Voted "No".
To establish certain rebuttable presumptions regarding the intent of a person who dies in 2010 and wills an estate, generally to the effect of making no change in the estate’s tax liability regardless of the elimination of the federal estate tax in 2010 only. The bill specifies procedures and deadlines for attempts to rebut the presumption. Note: Under current law, the federal “death tax” rate, gradually lowered over several years to zero in 2010 by the temporary Bush tax cuts, comes back at 55 percent at midnight, Dec. 31, 2010.
Received in the Senate on June 2, 2010
Referred to the Senate Judiciary Committee on June 2, 2010
Passed 35 to 0 in the Senate on December 2, 2010.
    See Who Voted "Yes" and Who Voted "No".
To establish certain rebuttable presumptions regarding the intent of a person who dies in 2010 and wills an estate, generally to the effect of making no change in the estate’s tax liability regardless of the elimination of the federal estate tax in 2010 only. The bill specifies procedures and deadlines for attempts to rebut the presumption. Note: Under current law, the federal “death tax” rate, gradually lowered over several years to zero in 2010 by the temporary Bush tax cuts, comes back at 55 percent at midnight, Dec. 31, 2010 .
Signed by Gov. Jennifer Granholm on December 10, 2010

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