South Dakota's legislature is asking Congress to eliminate the federal estate tax, which is a tax on money and property people leave behind when they die. The resolution emphasizes that this tax is particularly burdensome for farm and ranch families who have assets in land and equipment rather than cash, sometimes forcing them to sell operations to pay the tax.
This bill does not directly amend codified state law.
Taxation Tabled Passed, YEAS 13, NAYS 0. H.J. 7
Taxation Scheduled for hearing
House of Representatives Referred to House Taxation H.J. 191
First Reading House H.J. 174
Prime sponsor · Rep.
R
Cosponsors
Taxation — Tabled