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United States · Bill · HR

H.R. 12192 (94th)

Estate and Gift Tax Act

referredUnited States· United States Congress· EN

Introduced

1 March 1976

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Estate and Gift Tax Act - Increases the estate tax exemption, under the Internal Revenue Code, to $120,000 in the case of the estate of a decedent dying after December 31, 1979. Increases the specific exemption for gift tax to $60,000.

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Documents

1 official file

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Sources

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