Virginia House Bill 1457 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on December 27 2012 - 25% progression, died in chamber
Action: 2013-01-31 - Stricken at request of Patron in Rules by voice vote
Text: Latest bill text (Prefiled) [HTML]

Estate tax reinstated. Reinstates the estate tax for persons dying on or after July 1, 2013. No estate tax will be imposed on a gross estate if the majority of the assets of the estate is an interest in a closely held business or a working farm. The revenues from the estate tax would first be used for funding the Medicaid cost of meeting staffing standards in nursing homes required to be established under the bill, which staffing standards would require a minimum period of time of direct care services to each resident per 24-hour period. Five percent of the remaining revenues shall be used to fund home-based and community-based services to enable older adults and people with disabilities to remain in home settings.

Estate tax; reinstates for persons dying on or after July 1, 2013.

Del. Vivian Watts [D]

Date	Chamber	Action
2013-01-31	House	Stricken at request of Patron in Rules by voice vote
2013-01-21	House	Referred to Committee on Rules
2013-01-21	House	Referred from Finance by voice vote
2012-12-27	House	Referred to Committee on Finance
2012-12-27	House	Prefiled and ordered printed; offered 01/09/13 13101810D

Chapter	Article	Section	Citation Type	Statute Text
32	1	127	(n/a)	See Bill Text
58	1	901	(n/a)	See Bill Text
58	1	902	(n/a)	See Bill Text
58	1	905	(n/a)	See Bill Text
58	1	912	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?131+sum+HB1457
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+HB1457+hil