AB793-ASA1,2,25
72.11
(2) Exception; reciprocity as to nonresident decedents. A transfer,
6which is made taxable under this chapter and is of a nonresident decedent's
7intangible personal property is not subject to the tax imposed by this chapter if a like
8exemption is allowed at the time of the death of the decedent by the laws of the state,
9territory or district of the decedent's residence in favor of residents of this state
. This
10subsection does not apply unless a tax is imposed on the transfer of the decedent's
11property by the laws of the state, territory or district of the decedent's residence or
1if the state, territory, or district of the decedent's residence does not impose a tax on
2the transfer at death at the time of the death of the decedent.
AB793-ASA1,2,44
(1) This act first applies to deaths occurring on January 1, 2005.