The bill proposes the complete repeal of various sections of the Florida Statutes related to the state estate tax, specifically sections 198.01 through 198.44. This includes provisions concerning definitions, tax assessments on estates of both resident and nonresident decedents, generation-skipping transfers, and the administration of estate tax laws by the Department of Revenue. The bill aims to eliminate the estate tax framework in Florida, effectively removing the legal obligations and processes associated with estate taxation.

Additionally, the bill amends certain sections of the Florida Statutes, specifically sections 213.015, 213.21, and 213.285, to conform cross-references to the changes made by the repeal of the estate tax provisions. Notably, it removes references to sections related to estate tax in the context of taxpayer rights and procedures for tax assessments and audits. The bill is set to take effect upon becoming law, signaling a significant shift in Florida's tax policy regarding estates.

Statutes affected:
H 6019 Filed: 213.21, 213.285