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S02908 Summary:

BILL NOS02908A
 
SAME ASSAME AS A05054-A
 
SPONSORRITCHIE
 
COSPNSRO'MARA, SERINO
 
MLTSPNSR
 
Amd §952, Tax L
 
Makes provisions, in the case of a decedent dying on or after April 1, 2018, 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.
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