From official state and federal legislative records. Informational only, not legal advice.
Died
This idea didn't make it. It stopped moving and won't become a law this time.
In plain words
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Digest: The Act adds a new estate tax exclusion of $4 million. (Flesch Readability Score: 72.6). Allows an additional estate tax exclusion of $4 million. Adjusts for inflation. Takes effect on the 91st day following adjournment sine die.