Transfers excess estate tax revenue to developmental disabilities community services account.

This bill proposes transferring 50% of estate tax revenue exceeding $600 million in any fiscal year to the developmental disabilities community services account. This aims to create a permanent funding source for supporting individuals with intellectual and developmental disabilities in community settings. The transfer must occur within 60 days of the department notifying the state treasurer of the excess revenue.

Transfers excess estate tax revenue to developmental disabilities community services account.

This bill proposes transferring 50% of estate tax revenue exceeding $600 million in any fiscal year to the developmental disabilities community services account. This aims to create a permanent funding source for supporting individuals with intellectual and developmental disabilities in community settings. The transfer must occur within 60 days of the department notifying the state treasurer of the excess revenue.