STATEHOUSE (Feb. 14, 2017) — The Indiana House of Representatives unanimously passed State Rep. Heath VanNatter’s (R-Kokomo) bill Monday that would repeal substantial amounts of obsolete language pertaining to the inheritance tax.
The tax, also known as the estate tax or “death” tax, was repealed in Indiana for individuals dying after Dec. 31, 2012. House Bill 1520 would delete any language in Indiana Code that references the inheritance tax.
“We should take every opportunity to streamline government and reduce the burdens placed on Hoosiers and their local governments by red tape,” VanNatter said. “Even though the estate tax has been repealed for a few years, the Indiana Code is still littered with obsolete language referencing it that needlessly complicates matters.”
While the estate tax has been repealed, it still applies to unresolved estates stemming from deaths occurring before 2013. The bill would also stipulate that the rate table remain in code to aid state agencies in dealing with the estate tax uniformly across the board.
The bill now moves to the Senate for further consideration.
State Rep. Heath VanNatter (R-Kokomo) represents House District 38, which includes portions of Carroll, Cass, Howard and Clinton Counties.