The current state death tax credit allowed against estate taxes will be reduced as follows; 25% in 2002 / 50% in 2003 and 75% in 2004.  2005 will bring a repeal of the state death tax credit to be replaced by a deduction for death taxes.
	There is a repeal of the 5% surtax applicable to transfers over $10 million.
	The Act brings repeal of the qualified family-owned business deduction in 2004.