Summary of Original Version

Create a new section of KRS Chapter 140 to limit inheritance and estate taxes to deaths occurring before August 1, 2024; amend various sections of KRS Chapter 140 to include a sunset clause for taxes and deductions imposed within the chapter; repeal KRS 140.130 and 140.140, relating to levy and payment of estate tax.

Statutes affected:
Introduced: 140.010, 140.020, 140.030, 140.040, 140.050, 140.110, 140.120, 140.230, 140.270