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H7312Introduced in the House

Increases the net taxable estate exemption to fifteen million dollars ($15,000,000) for deaths that occur on or after January 1, 2027.

IntroducedHouse Finance

Introduced by George Nardone, District 28

What does this bill do?

Plain-English breakdown

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Official description

TAXATION -- ESTATE AND TRANSFER TAXES -- LIABILITY AND COMPUTATION - Increases the net taxable estate exemption to fifteen million dollars ($15,000,000) for deaths that occur on or after January 1, 2027.

Where it stands

Committee recommended measure be held for further study

May 7, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Introduced, referred to House Finance

  2. Scheduled for hearing and/or consideration (05/07/2026)

  3. Committee recommended measure be held for further study

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