NY S06706 | 2015-2016 | General Assembly
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Engrossed on February 25 2016 - 50% progression, died in committee
Action: 2016-02-25 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Engrossed on February 25 2016 - 50% progression, died in committee
Action: 2016-02-25 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Makes provisions, in the case of a decedent dying on or after April 1, 2016, where the decedent's estate includes a farm operation valued at more than fifty percent of the value of the entire estate at the time of death, to provide the basic exclusion shall be equal to five million dollars multiplied by one plus the cost-of-living adjustment.
Title
Makes provisions, in the case of a decedent dying on or after April 1, 2016, where the decedent's estate includes a farm operation valued at more than fifty percent of the value of the entire estate at the time of death, to provide the basic exclusion shall be equal to five million dollars multiplied by one plus the cost-of-living adjustment.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-25 | Assembly | referred to ways and means |
| 2016-02-25 | Senate | DELIVERED TO ASSEMBLY |
| 2016-02-25 | Senate | PASSED SENATE |
| 2016-02-08 | Senate | ORDERED TO THIRD READING CAL.149 |
| 2016-02-08 | Senate | REFERRED TO RULES |
Same As/Similar To
A09471 (Same As) 2016-03-08 - referred to ways and means
