Repeals the estate tax in New York State.

New York Assembly Bill A00498 repeals the estate tax by eliminating Article 26 of the tax law. This change removes the tax on estates, affecting those who would have been required to file estate tax returns. The bill also amends the administrative code of the city of New York to reflect this change. The repeal takes effect immediately upon enactment.

Repeals the estate tax in New York State.

New York Assembly Bill A00498 repeals the estate tax by eliminating Article 26 of the tax law. This change removes the tax on estates, affecting those who would have been required to file estate tax returns. The bill also amends the administrative code of the city of New York to reflect this change. The repeal takes effect immediately upon enactment.