NORTH CAROLINA GENERAL ASSEMBLY

1979 SESSION

CHAPTER 75

HOUSE BILL 148

AN ACT TO ALLOW THE SURVIVING SPOUSE OF A DECEDENT TO ELECT TO TAKE THE DEPENDENT'S INHERITANCE TAX EXEMPTIONS IF THE SPOUSE RECEIVES SEVENTY-FIVE PERCENT OR MORE OF THE DECEDENT'S PROPERTY.

The General Assembly of North Carolina enacts:

Section 1.  G.S. 105-4(b), as the same appears in the 1977 Cumulative Supplement to Volume 2D of the General Statutes, is hereby amended by striking out the phrase "all or substantially all" in lines 20 and 21 of that subsection and substituting the phrase "seventy-five percent or more of" therefor.

Sec. 2.  This act shall become effective July 1, 1979.

In the General Assembly read three times and ratified, this the 22nd day of February, 1979.