HB 395: "An Act repealing the Estate Tax Law of Alaska."
00 HOUSE BILL NO. 395 01 "An Act repealing the Estate Tax Law of Alaska." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. AS 13.16.610(p)(1) is amended to read: 04 (1) "estate" means the gross estate of a decedent as determined for the 05 purpose of federal estate tax [AND THE ESTATE TAX PAYABLE TO THIS 06 STATE]; 07 * Sec. 2. AS 13.16.610(p)(6) is amended to read: 08 (6) "tax" means the federal estate tax and [THE ADDITIONAL 09 INHERITANCE TAX IMPOSED BY AS 43.31 AND] interest and penalties imposed 10 in addition to the tax. 11 * Sec. 3. AS 43.31.011, 43.31.021, 43.31.031, 43.31.041, 43.31.051, 43.31.061, 43.31.071, 12 43.31.091, 43.31.111, 43.31.121, 43.31.131, 43.31.141, 43.31.151, 43.31.181, 43.31.191, 13 43.31.201, 43.31.221, 43.31.230, 43.31.240, 43.31.250, 43.31.260, 43.31.280, 43.31.290, 14 43.31.300, 43.31.310, 43.31.320, 43.31.330, 43.31.340, 43.31.350, 43.31.400, 43.31.410, 15 43.31.420, and 43.31.430 are repealed.
01 * Sec. 4. The uncodified law of the State of Alaska is amended by adding a new section to 02 read: 03 APPLICABILITY. This Act applies to the estate of an individual whose date of death 04 is after the effective date of this Act.