Pennsylvania HB1555 amends inheritance tax rules, setting the payment deadline and offering a discount for timely payments.

Pennsylvania HB1555 modifies the inheritance tax regulations by specifying that the tax is due at the date of the decedent's death and becomes delinquent nine months later. It also provides a five percent discount if the tax is paid within three months of the death. This change applies to tax years after December 31, 2026, and takes effect immediately upon enactment.

Pennsylvania HB1555 amends inheritance tax rules, setting the payment deadline and offering a discount for timely payments.

Pennsylvania HB1555 modifies the inheritance tax regulations by specifying that the tax is due at the date of the decedent's death and becomes delinquent nine months later. It also provides a five percent discount if the tax is paid within three months of the death. This change applies to tax years after December 31, 2026, and takes effect immediately upon enactment.