State Estate Tax
Florida bill proposing state estate tax on large inheritances died in committee, leaving state without tax on wealth transfers upon death.
Florida bill proposing state estate tax on large inheritances died in committee, leaving state without tax on wealth transfers upon death.
HB 6019 would have established a state estate tax in Florida, requiring taxation on the transfer of large estates upon death. The bill was referred to both the Ways & Means and Judiciary committees but died in committee without advancing to a floor vote.
Florida currently has no state estate tax, making it attractive to wealthy individuals and retirees. Implementing such a tax could generate significant state revenue but would represent a major policy shift that could affect estate planning decisions and potentially influence migration patterns of high-net-worth individuals.
Compiled from official sources — confirm details with the bill’s official record.
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