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United States · Bill · HR

H.R. 1067 (99th)

Fairness in Gift Tax Act

referredUnited States· United States Congress· EN

Introduced

7 February 1985

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Fairness in Gift Tax Act - Provides that interest-free or below market rate loans made before February 23, 1984, did not give rise to any taxable gift prior to such date. Extends the period of the statute of limitations for purposes of any refunds or credits for overpayments of tax resulting from this Act.

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1 official file

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