A bill to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, and for other purposes.
USA115th CongressS-205| Senate
| Updated: 1/24/2017
John Thune
Republican Senator
South Dakota
Cosponsors (37)
Joni Ernst (Republican)Dean Heller (Republican)Mitch McConnell (Republican)Thomas Tillis (Republican)Cindy Hyde-Smith (Republican)David Perdue (Republican)Jerry Moran (Republican)Mike Lee (Republican)James E. Risch (Republican)Jeff Flake (Republican)Ron Johnson (Republican)Lamar Alexander (Republican)Todd Young (Republican)Tom Cotton (Republican)James M. Inhofe (Republican)Michael B. Enzi (Republican)Roger F. Wicker (Republican)John Boozman (Republican)Roy Blunt (Republican)Luther Strange (Republican)Mike Rounds (Republican)Ted Cruz (Republican)Tim Scott (Republican)John Kennedy (Republican)Deb Fischer (Republican)John Barrasso (Republican)Johnny Isakson (Republican)Richard C. Shelby (Republican)Pat Roberts (Republican)Thad Cochran (Republican)John Cornyn (Republican)Chuck Grassley (Republican)Marco Rubio (Republican)Cory Gardner (Republican)Steve Daines (Republican)John Hoeven (Republican)Mike Crapo (Republican)
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Inflation and pricesTransfer and inheritance taxes
A bill to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, and for other purposes.
USA115th CongressS-205| Senate
| Updated: 1/24/2017
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
John Thune
Republican Senator
South Dakota
Cosponsors (37)
Joni Ernst (Republican)Dean Heller (Republican)Mitch McConnell (Republican)Thomas Tillis (Republican)Cindy Hyde-Smith (Republican)David Perdue (Republican)Jerry Moran (Republican)Mike Lee (Republican)James E. Risch (Republican)Jeff Flake (Republican)Ron Johnson (Republican)Lamar Alexander (Republican)Todd Young (Republican)Tom Cotton (Republican)James M. Inhofe (Republican)Michael B. Enzi (Republican)Roger F. Wicker (Republican)John Boozman (Republican)Roy Blunt (Republican)Luther Strange (Republican)Mike Rounds (Republican)Ted Cruz (Republican)Tim Scott (Republican)John Kennedy (Republican)Deb Fischer (Republican)John Barrasso (Republican)Johnny Isakson (Republican)Richard C. Shelby (Republican)Pat Roberts (Republican)Thad Cochran (Republican)John Cornyn (Republican)Chuck Grassley (Republican)Marco Rubio (Republican)Cory Gardner (Republican)Steve Daines (Republican)John Hoeven (Republican)Mike Crapo (Republican)
Finance Committee
Taxation
Related Bills
- HR 115-5422: To amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes.
- HR 115-631: To amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes.
- HR 115-198: To repeal the Federal estate and gift taxes.
- HR 115-30: To repeal the Federal estate and gift taxes.
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Inflation and pricesTransfer and inheritance taxes