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House Co-Sponsorship Memoranda
House of Representatives
Session of 2013 - 2014
Regular Session
MEMORANDUM
| Posted: | January 31, 2013 02:34 PM |
|---|---|
| From: | Representative Thomas P. Murt |
| To: | All House members |
| Subject: | Inheritance Tax Elimination for Children with Disabilities (Prior HB 2690) |
| In the near future, I will be reintroducing legislation to amend the Tax Reform Code to add and define “Child with a disability” and to eliminate the inheritance tax that is applied when assets are transferred from a deceased parent to a disabled child. Under the current law when a deceased parent transfers property and assets to a disabled child, a 4.5% inheritance tax is applied. The legislation that I am proposing will reduce the 4.5% inheritance tax to ZERO percent upon the transfer of property or assets from a deceased parent, adoptive parent, or a stepparent to a disabled child. The Department of Revenue does not believe this proposed legislation violates Pennsylvania’s Constitution’s Uniformity Clause. Article VIII, Section 2 (b) (iii) of Pennsylvania’s Constitution permits the General Assembly to establish disabled individuals as a class of persons determined to be in need of a tax exemption. If you have any questions regarding this piece of legislation, please contact my office at 787-6886. |
Introduced as HB655