House Bill 631
115th Congress(2017-2018)
Death Tax Repeal Act of 2017
Introduced
Introduced in House on Jan 24, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
631
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Death Tax Repeal Act of 2017
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 provides for an inflation adjustment to such exemption amount.
January 24, 2017
01/24/2017
Referred to the House Committee on Ways and Means.
01/24/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:34:19 PM