Legislation that has passed the state house of representatives would eliminate Pennsylvania’s “Death Tax” that would affect children 21 years or younger.
According to published reports, the vote passed 194-1 in the state house. The bill calls for the elimination of the 4.5 percent tax placed on property transfers to or for the use of a child 21 or younger from a natural parent, adoptive parent or step-parent. For those over 21, the tax would remain in place.
There is competing legislation in the Senate, where it is currently waiting in the finance committee.