An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in inheritance tax, further providing for expenses.

SB 100 amends Pennsylvania's Tax Reform Code concerning inheritance tax deductions. It increases the family exemption that can be deducted from the value of transferred property to a maximum of $100,000, if claimed by a family member. The bill also expands the list of deductible expenses to include bequests for religious services and funds placed in trust for the care and preservation of burial lots. These changes will apply to the value of property transferred after June 30, 2024, affecting estates subject to inheritance tax.