Chap. 215.—An ACT to amend the Tax Code of Virginia by adding thereto a new
section to be numbered 120-b, in relation to inheritance taxes on nonresident
decedents with respect to real estate and tangible personal property located in
Virginia; apportionment of exemptions. (fH B 306]

Approved March 23, 1946

Be it enacted by the General Assembly of Virginia:

1. That the Tax Code of Virginia be amended by adding thereto
a new section numbered one hundred and twenty-b, which new section
shall read as follows:

Section 120-b. Non-resident decedents; apportionment of exemp-
tions Whenever a non-resident of this State, owning real estate or
tangible personal property located in this State, dies, the exemptions
given by section ninety-eight of the Tax Code of Virginia shall be ap-
portioned in computing the State inheritance taxes—that is to say, there
shall be allowed such proportion of the full exemptions in each case as
the value of the gross estate of the decedent located in Virginia bears to
the value of the entire gross estate.