Browse Arkansas Code titles and sections
26-59-103. Chapter to remain in effect while United States Government imposes estate tax.
Arkansas Code — all titles (historical 2020) · legal_authorities
26-59-103. Chapter to remain in effect while United States Government imposes estate tax.
This chapter shall remain in force and effect so long as the United States Government retains in full force and effect, as a part of the revenue laws of the United States, the present federal estate tax, and this chapter shall cease to be operative when the federal credit for state death taxes set forth in 26 U.S.C. § 2011 [repealed] is repealed completely for the estates of decedents dying on or after January 1, 2005.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-59-103
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
Issuing source page ↗
Authority boundary: historical statutory source snapshot not current law.
Open the recorded source website ↗
Record provenance
Stable record: arkansas_code:legal_authorities:26-59-103
Source file: gov.ar.code.title.26.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 399b98b33d690d72ba92dc195c7068329b4fded74c724d4d570dfa8954e5a8a9
Source location: content.xml paragraph 30263
Stored source content
26-59-103. Chapter to remain in effect while United States Government imposes estate tax.
This chapter shall remain in force and effect so long as the United States Government retains in full force and effect, as a part of the revenue laws of the United States, the present federal estate tax, and this chapter shall cease to be operative when the federal credit for state death taxes set forth in 26 U.S.C. § 2011 [repealed] is repealed completely for the estates of decedents dying on or after January 1, 2005.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, act Aug. 16, 1954, ch. 736, 68A Stat. 374; Feb. 20, 1956, ch. 63, § 3, 70 Stat. 24; Pub. L. 85–866, title I, §§ 65(a), 102(c)(1), Sept. 2, 1958, 72 Stat. 1657, 1674; Pub. L. 86–175, § 3, Aug. 21, 1959, 73 Stat. 397; Pub. L. 94–455, title XIX, §§ 1902(a)(12)(B), 1906(b)(13)(A), title XX, §§ 2001(c)(1)(A), 2004(f)(3), Oct. 4, 1976, 90 Stat. 1806, 1834, 1849, 1872; Pub. L. 97–34, title IV, § 422(e)(2), Aug. 13, 1981, 95 Stat. 316; Pub. L. 107–16, title V, §§ 531(a), 532(a), June 7, 2001, 115 Stat. 72, 73; Pub. L. 107–134, title I, § 103(b)(1), Jan. 23, 2002, 115 Stat. 2431, related to credit for State death taxes.
#### Effective Date of Repeal
Repeal effective Dec. 19, 2014, subject to a savings provision, see section 221(b) of Pub. L. 113–295, set out as an Effective Date of 2014 Amendment note under [section 1 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section1&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 2011
Stored review status: release_metadata_unconfirmed. The source passage cites 26 U.S.C. § 2011. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
Page 2569
TITLE 26—INTERNAL REVENUE CODE
§ 2012
‘‘(A) IN GENERAL.—For purposes of this subsection,
the applicable exclusion amount is $5,000,000.
‘‘(B) INFLATION ADJUSTMENT.—In the case of any dece-
dent dying in a calendar year after 2011, the dollar
amount in subparagraph (A) shall be increased by an
amount equal to—
‘‘(i) such dollar amount, multiplied by
‘‘(ii) the cost-of-living adjustment determined
under section 1(f)(3) for such calendar year by sub-
stituting ‘calendar year 2010’ for ‘calendar year 1992’
in subparagraph (B) thereof.
If any amount as adjusted under the preceding sentence
is not a multiple of $10,000, such amount shall be round-
ed to the nearest multiple of $10,000.’’
2001—Subsec. (c). Pub. L. 107–16, in table, substituted
provision that in the case of estates of decedents dying
during the years 2002 and 2003, the years 2004 and 2005,
the years 2006, 2007, and 2008, and the year 2009, the ap-
plicable exclusion amount is $1,000,000, $1,500,000,
$2,000,000, and $3,500,000, respectively, for provision that
in the case of decedents dying, and gifts made, during
the year 1998, the year 1999, the years 2000 and 2001, the
years 2002 and 2003, the year 2004, the year 2005, and the
year 2006 or thereafter, the applicable exclusion
amount is $625,000, $650,000, $675,000, $700,000, $850,000,
$950,000, and $1,000,000, respectively.
1997—Subsec. (a). Pub. L. 105–34, § 501(a)(1)(A), sub-
stituted ‘‘the applicable credit amount’’ for ‘‘$192,800’’.
Subsecs. (c), (d). Pub. L. 105–34, § 501(a)(1)(B), added
subsec. (c) and redesignated former subsec. (c) as (d).
1990—Subsecs. (b) to (d). Pub. L. 101–508 redesignated
subsecs. (c) and (d) as (b) and (c), respectively, and
struck out former subsec. (b) which provided for a
phase-in of the un
Source: Supplied 2024 U.S. Code historical extraction · 26 U.S.C. § 2011
Stored review status: historical_2024_not_currentness_verified. The source passage cites 26 U.S.C. § 2011. This identifies an authority to review, not proof of applicability.