▸SECTION 1
Section 2A of chapter 65C of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out subsection (f), and inserting in place thereof the following:-
"(f) For the estates of decedents dying on or after January 1, 2025, a credit shall be allowed against the tax imposed by subsections (a) and (b) equal to the amount of such tax; provided, however, that the credit shall not exceed the federal level established in 26 USC § 2010 promulgated by the Internal Revenue Service."
▸SECTION 2
Said section 2A, as so appearing, is hereby amended by striking out subsection (g), and inserting in place thereof the following:-
"(g) The estates of decedents dying on or after January 1, 2025 shall not be required to pay any tax under subsections (a) and (b) if the value of the federal taxable estate is not more than the federal threshold level established in 26 USC Chapter 11 promulgated by the Internal Revenue Service."
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SECTION 1. Section 2A of chapter 65C of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out subsection (f), and inserting in place thereof the following:-
"(f) For the estates of decedents dying on or after January 1, 2025, a credit shall be allowed against the tax imposed by subsections (a) and (b) equal to the amount of such tax; provided, however, that the credit shall not exceed the federal level established in 26 USC § 2010 promulgated by the Internal Revenue Service."
SECTION 2. Said section 2A, as so appearing, is hereby amended by striking out subsection (g), and inserting in place thereof the following:-
"(g) The estates of decedents dying on or after January 1, 2025 shall not be required to pay any tax under subsections (a) and (b) if the value of the federal taxable estate is not more than the federal threshold level established in 26 USC Chapter 11 promulgated by the Internal Revenue Service."