VA HB2476 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 21 2011 - 25% progression, died in committee
Action: 2011-02-08 - House: Left in Health, Welfare and Institutions
Pending: House Health, Welfare and Institutions Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 21 2011 - 25% progression, died in committee
Action: 2011-02-08 - House: Left in Health, Welfare and Institutions
Pending: House Health, Welfare and Institutions Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Estate tax reinstated. Reinstates the estate tax for persons dying on or after July 1, 2011. No estate tax will be imposed on a gross estate (i) whose value is less than $3 million or (ii) 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 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.
Title
Estate tax; reinstated for persons dying on or after July 1, 2011.
Sponsors
Roll Calls
2011-01-31 - House - House: Subcommittee recommends reporting with amendment(s) (11-Y 0-N) (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2011-02-08 | House: Left in Health, Welfare and Institutions | |
2011-02-02 | House: Referred to Committee on Health, Welfare and Institutions | |
2011-02-02 | House: Referred from Finance by voice vote | |
2011-01-31 | House: Subcommittee recommends referring to Committee on Health, Welfare and Institutions | |
2011-01-31 | House: Subcommittee recommends reporting with amendment(s) (11-Y 0-N) | |
2011-01-24 | House: Assigned Finance sub: #1 | |
2011-01-21 | House: Referred to Committee on Finance | |
2011-01-21 | House: Presented and ordered printed 11102598D |
Subjects
Code Citations
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 |