Rhode Island bill H7699 eliminates the estate tax.

Rhode Island bill H7699 repeals the estate tax, removing the tax on the transfer of the net estate of every resident or nonresident decedent. The bill eliminates the tax imposed on the right to transfer property at death, which was previously set at various rates based on the value of the estate. The bill takes effect upon passage, ceasing the collection of estate taxes in Rhode Island.

Rhode Island bill H7699 eliminates the estate tax.

Rhode Island bill H7699 repeals the estate tax, removing the tax on the transfer of the net estate of every resident or nonresident decedent. The bill eliminates the tax imposed on the right to transfer property at death, which was previously set at various rates based on the value of the estate. The bill takes effect upon passage, ceasing the collection of estate taxes in Rhode Island.