Amend the Maine Exclusion Amount in the Estate Tax

Last updated: Jun 17, 2021

Details about this bill
Category: Taxation
Status: Defeated
Sponsor: Representative Benjamin Collings, House 42
Session: 130
Bill #: LD 1524




Representative Collings of Portland would return the exclusion amount, below which the Maine estate tax does not apply, to $2,000,000 from the $5,600,000 in current law for estates of decedents dying on or after January 1, 2022.