PRINTER'S NO. 870
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
736
Session of
2015
INTRODUCED BY HANNA, KINSEY, McNEILL, BROWNLEE, MURT, READSHAW
AND GILLEN, MARCH 6, 2015
REFERRED TO COMMITTEE ON FINANCE, MARCH 6, 2015
AN ACT
Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An
act relating to tax reform and State taxation by codifying
and enumerating certain subjects of taxation and imposing
taxes thereon; providing procedures for the payment,
collection, administration and enforcement thereof; providing
for tax credits in certain cases; conferring powers and
imposing duties upon the Department of Revenue, certain
employers, fiduciaries, individuals, persons, corporations
and other entities; prescribing crimes, offenses and
penalties," in inheritance tax, further providing for
transfers not subject to tax.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 2111(s) of the act of March 4, 1971
(P.L.6, No.2), known as the Tax Reform Code of 1971, added July
2, 2012 (P.L.751, No.85), is amended to read:
Section 2111. Transfers Not Subject to Tax.--* * *
(s) A transfer of real estate devoted to the business of
agriculture between members of the same family, provided that
after the transfer the real estate continues to be devoted to
the business of agriculture for a period of seven years beyond
the transferor's date of death and the real estate derives a
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