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Rep. Tony M. McCombie
Filed: 3/1/2023
| | 10300HB1459ham001 | | LRB103 05807 HLH 57738 a |
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| 1 | | AMENDMENT TO HOUSE BILL 1459
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| 2 | | AMENDMENT NO. ______. Amend House Bill 1459 on page 3, by |
| 3 | | replacing lines 20 through 25 with the following:
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| 4 | | "and prior to January 1, 2024, (iv) for persons dying on or |
| 5 | | after January 1, 2024 and prior to January 1, 2026, the |
| 6 | | applicable exclusion amount calculated under Section 2010 of |
| 7 | | the Internal Revenue Code, including any deceased spousal |
| 8 | | unused exclusion amount available after a valid election is |
| 9 | | made under subparagraph (A) of paragraph (5) of subsection (c) |
| 10 | | of that Section, and (v) for persons dying on or after January |
| 11 | | 1, 2026, the greater of (1) the applicable exclusion amount |
| 12 | | calculated under Section 2010 of the Internal Revenue Code, |
| 13 | | including any deceased spousal unused exclusion amount |
| 14 | | available after a valid election is made under subparagraph |
| 15 | | (A) of paragraph (5) of subsection (c) of that Section, or (2) |
| 16 | | the amount that would have been calculated under Section 2010 |
| 17 | | of the Internal Revenue Code, including any deceased spousal |
| 18 | | unused exclusion amount available after a valid election is |