Measure Eliminating Delaware’s Estate Tax Passes House

DOVER, DE (AP) – House lawmakers have approved a bill to eliminate Delaware’s estate tax. The measure repeals the tax levied on a person’s property and other assets when he or she dies. If the bill is approved by the Senate and signed into law, the estate tax would no longer exist for people who die after Dec. 31 of this year. Analysts expect the state to lose about $3.7 million in fiscal 2019 and $5 million the following year if the tax is repealed.

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