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To amend the Internal Revenue Code of 1986 to make permanent the increase in the estate and gift tax exemption made by Public Law 115-97.

USA115th CongressHR-6228| House 
| Updated: 6/26/2018
Kenny Marchant

Kenny Marchant

Republican Representative

Texas

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill amends the Internal Revenue Code to make permanent the $10 million exemption amount for the estate and gift tax. (Under current law, the exemption amount has been temporarily increased from $5 million to $10 million for decedents dying or gifts made after December 31, 2017, and before January 1, 2026. The amount is indexed for inflation after 2011.)
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Timeline
Jun 26, 2018
Introduced in House
Jun 26, 2018
Referred to the House Committee on Ways and Means.
  • June 26, 2018
    Introduced in House


  • June 26, 2018
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • HR 115-6760: Protecting Family and Small Business Tax Cuts Act of 2018
  • S 115-2687: A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes.
Transfer and inheritance taxes

To amend the Internal Revenue Code of 1986 to make permanent the increase in the estate and gift tax exemption made by Public Law 115-97.

USA115th CongressHR-6228| House 
| Updated: 6/26/2018
This bill amends the Internal Revenue Code to make permanent the $10 million exemption amount for the estate and gift tax. (Under current law, the exemption amount has been temporarily increased from $5 million to $10 million for decedents dying or gifts made after December 31, 2017, and before January 1, 2026. The amount is indexed for inflation after 2011.)
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 26, 2018
Introduced in House
Jun 26, 2018
Referred to the House Committee on Ways and Means.
  • June 26, 2018
    Introduced in House


  • June 26, 2018
    Referred to the House Committee on Ways and Means.
Kenny Marchant

Kenny Marchant

Republican Representative

Texas

Ways and Means Committee

Taxation

Related Bills

  • HR 115-6760: Protecting Family and Small Business Tax Cuts Act of 2018
  • S 115-2687: A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Transfer and inheritance taxes