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United States · Bill · HR

H.R. 1212 (104th)

National Family Enterprise Preservation Act of 1995

referredUnited States· United States Congress· EN

Introduced

10 March 1995

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

National Family Enterprise Preservation Act of 1995 - Amends the Internal Revenue Code to increase the estate tax credit and the gift tax credit by amounts equal to the value of any family enterprise property, with limitations. Increases the gift tax exclusion by the value of gifts of family enterprise property, with limitations. Establishes a formula for determining the value of family enterprise property. Increases the limitation on the aggregate reduction in fair market value of certain farm property and other real property.

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Documents

3 official files

Introduced in House (text)

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