S2019Introduced in the Senate
Increase the net taxable estate exemption to $3,600,000 on January 1, 2027. This act would also increase the exemption by $1,000,000 on January 1, 2028 and every year thereafter until this section and the tax would sunset and expire on January 1, 2033
Introduced by Thomas Paolino, District 17
What does this bill do?
Plain-English breakdown
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Official description
TAXATION -- ESTATE AND TRANSFER TAXES -- LIABILITY AND COMPUTATION - Increase the net taxable estate exemption to $3,600,000 on January 1, 2027. This act would also increase the exemption by $1,000,000 on January 1, 2028 and every year thereafter until this section and the tax would sunset and expire on January 1, 2033
Where it stands
Committee recommended measure be held for further study
April 30, 2026
How did lawmakers vote?
SenateStage: Senate Committee on Finance: Be held for further study · April 30, 2026
7
Yes
0
No
4
Absent or Not Voting
11 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Samuel Zurier | 3 | Yes |
| Frank Ciccone | 7 | Absent |
| Walter Felag | 10 | Yes |
| Louis Dipalma | 12 | Yes |
| Jonathon Acosta | 16 | Yes |
| Brian Thompson | 20 | Absent |
| Jessica de la Cruz | 23 | Yes |
| Lammis Vargas | 28 | Yes |
| Elaine Morgan | 34 | Absent |
| Alana DiMario | 36 | Absent |
Bill history
Introduced, referred to Senate Finance
Scheduled for hearing and/or consideration (04/30/2026)
Committee recommended measure be held for further study
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