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Delinquent estate taxpayers have a reason to celebrate following the third reading approval of a bill granting amnesty for unpaid estate taxes and another bill simplifying the estate tax rate.
The House of Representatives on Monday approved on final reading House Bill 4814 granting amnesty in the payment of estate tax, and House Bill 4815 simplifying the estate tax rate, amending for this purpose the National Internal Revenue Code of 1997. HB 4814 got 216 votes for its approval, while HB 4815 garnered 219 votes. The two bills got zero abstentions and zero votes against the measure.