A bill to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, and for other purposes.
United States115th CongressS-205Senate
Updated: Jan 24, 2017
Summary
Death Tax Repeal Act of 201 7 This bill amends the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill also provides for an inflation adjustment to such exemption amount.
Bill texts
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Senate
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