SB356

Pennsylvania SB356 amends the Transfer Inheritance Tax Law to change the rate of commission for registers of wills.

Pennsylvania SB356 amends the Transfer Inheritance Tax Law to adjust the commission rate for registers of wills. The bill modifies the percentage of the gross amount collected during any year that registers of wills must pay over to the general fund of the county. The new rates are four and one-quarter per centum on the tax collected if the tax amount is two hundred thousand dollars or less, and one and three-quarters per centum on the amounts collected in excess of two hundred thousand dollars and up to and including one million dollars.