AN ACT relating to inheritance tax exemptions.

Amend KRS 140.080 to exempt Class B beneficiaries from inheritance taxation when receiving property from a decendent who died on or after January 1, 2026.

Introduced: February 19, 2025

Last action: February 27, 2025

To Appropriations & Revenue (H)

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This bill would remove Kentucky's inheritance tax for Class B beneficiaries — a group that generally includes more distant relatives such as nieces, nephews, and in-laws — when they inherit property from someone who passes away on or after January 1, 2026. Currently, these beneficiaries must pay a tax on what they inherit, and this bill would eliminate that requirement. It applies only to inheritances where the deceased person died on or after that date.…

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