HOUSE DOCKET, NO. 1102        FILED ON: 2/1/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3062

The Commonwealth of Massachusetts

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PRESENTED BY:

Todd M. Smola

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to the Massachusetts estate tax.

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PETITION OF:

HOUSE DOCKET, NO. 1102        FILED ON: 2/1/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3062

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 2636 OF 2019-2020.]

The Commonwealth of Massachusetts

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In the One Hundred and Ninety-Second General Court
(2021-2022)

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An Act relative to the Massachusetts estate tax.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Section 3 of chapter 65C of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by striking out, in lines 14 to 18, inclusive, the words “provided, that the exemption shall not exceed an amount equal to the smallest federal taxable estate that absorbs the allowable federal credit under section two thousand and ten of the Internal Revenue Code as amended and in effect as of the date of death of the decedent” and inserting in place thereof the following words:- ; $2,500,000 for decedents dying on or after December 31, 2016; and provided, that a surviving spouse may claim an additional exemption equal to the amount of the unused exemption of a decedent spouse.