RELATING TO THE ESTATE AND GENERATION-SKIPPING TRANSFER TAX.
Sponsored By: Karl Rhoads (Democratic)
In Committee
Summary
Establishes an unrealized gains surcharge on certain property transfers subject to the estate and generation-skipping transfer tax. Except for certain types of properties within estates, lowers the applicable exclusion amount allowed.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Karl Rhoads
Democratic • Senate
Cosponsors
Joy A. San Buenaventura
Democratic • Senate
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Referred to WAM.
1/28/2026SenateIntroduced.
1/22/2026SenatePassed First Reading.
1/22/2026Senate
Bill Text
Original
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