Rhode Island bill S2251 eliminates the estate tax.

Rhode Island bill S2251 repeals the estate tax, eliminating the tax on the transfer of the net estate of every resident or nonresident decedent. The bill removes the tax imposed on the right to transfer the estate, which was previously set at various rates based on the date of death and the value of the estate. The bill takes effect upon passage.

Rhode Island bill S2251 eliminates the estate tax.

Rhode Island bill S2251 repeals the estate tax, eliminating the tax on the transfer of the net estate of every resident or nonresident decedent. The bill removes the tax imposed on the right to transfer the estate, which was previously set at various rates based on the date of death and the value of the estate. The bill takes effect upon passage.