To limit the reduction in the 39.6% rate to 38% and to replace the estate tax repeal with increases in the unified credit and the family-owned business exclusion so that the savings may be used for Federal debt reduction and improvements to the Nation's nontransportation infrastructure.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

Amendment SA 695 not agreed to in Senate by Yea-Nay Vote. 39 - 60. Record Vote Number: 123.

Records

Official amendment SAMDT 695 (107th) from United States at United States Congress. Status: Amendment SA 695 not agreed to in Senate by Yea-Nay Vote. 39 - 60. Record Vote Number: 123..

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Related records

amends → Economic Growth and Tax Relief Reconciliation Act of 2001

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/amendment/107th-congress/samdt-695
Open data entity: https://api.congress.gov/v3/amendment/107/samdt/695
us · 107-samdt-695 · source updated 9 March 2026