What's happening
This bill extends the expiration date for special estate tax treatment of dispositions to non-citizen surviving spouses from 2019 to 2022.
Why it matters
Provides certainty and stability. for non-citizen surviving spouses and their families by extending the period during which special estate tax rules apply, potentially affecting estate planning decisions for those with international ties.
Addresses fairness in taxation. by allowing more time for non-citizen spouses to benefit from provisions that may reduce the immediate estate tax burden, which can help prevent forced sales of family assets or financial disruption after the death of a spouse.
Signals legislative intent to revisit or reform estate tax policy. for non-citizen spouses in the near future, as the extension is temporary (only until 2022), leaving open the possibility of further changes or a permanent solution.
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Who cares
Headline styles
Extend Estate Tax Protection
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Signed chap.89
- Delivered to governor
- Returned to senate
- Passed assembly
- Ordered to third reading rules cal.436
- Substituted for A8279
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 62–0
- Ordered to third reading cal.1638
- Referred to rules
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Extend Estate Tax for Noncitizen Spouses
Assembly Floor Calendar · Sponsor Dan Quart
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
6476
2019-2020 Regular Sessions
IN SENATE
June 13, 2019
Introduced by Sen. BENJAMIN -- read twice and ordered printed, and when printed to be committed to the Committee on Rules
AN ACT to amend chapter 538 of the laws of 2013, amending the tax law relating to the estate tax treatment of dispositions to surviving spouses who are not United States citizens, in relation to extending the expiration of the provisions thereof
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 2 of chapter 538 of the laws of 2013, amending the tax law relating to the estate tax treatment of dispositions to surviving spouses who are not United States citizens, as amended by chapter 80 of the laws of 2016, is amended to read as follows:
§ 2. This act shall take effect immediately and shall apply to the estates of decedents dying on or after January 1, 2010, and shall expire and be deemed repealed July 1, [2019] 2022.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD13257-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend chapter 538 of the laws of 2013, amending the tax law relating to the estate tax treatment of disposi- tions to surviving spouses who are not United States citizens, in relation to extending the expiration of the provisions thereof
Purpose
The purpose of this bill is to extend a Chapter of law which will expire if not extended.
Summary of provisions
Section one of the bill states the law to be amended as Chapter 538 of the Laws of 2013 which concerns tax law relating to the estate tax treatment of dispositions to surviving spouses who are not United States citizens.
Section two of the bill extends for an additional three years Chapter 538 of the Laws of 2013 which concerns the tax law relating to the estate tax treatment of dispositions to surviving spouses who are not United States citizens.
Justification
This chapter of law will expire if not extended. It will continue to clarify the procedure to obtain a marital deduction for a disposition to a non-citizen surviving spouse where no Federal estate tax return is required.
Legislative history
New bill
Fiscal implications
none
Local fiscal implications
none
Effective date
Immediately
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.