Prohibit Estate Taxes and New Taxes on Estate Transfers, Inheritances, and Gifts Amendment

Prohibits the state legislature from imposing a state tax on a decedent’s estate or on the transfer of an estate, inheritance, legacy, succession, or gift that was not in effect on January 1, 2025, and from increasing or expanding the rate or applicability of any such tax beyond its status as of that date, while preserving certain existing taxes.