A bill to amend section 2040 of the Internal Revenue Code of 1954 to provide that a spouse's services shall be taken into account in determining whether that spouse furnished adequate consideration for jointly held property for purposes of qualifying for an exclusion from the Federal estate tax.

Summary

Amends the Internal Revenue Code to qualify services performed by a surviving spouse as consideration for purposes of excluding portions of jointly held property from a decedent's taxable estate.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 3 May 1978

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 3 May 1978

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 May 1978

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 3 May 1978

  Open at official source

Sponsors

• Rep. Byron, Goodloe E. [D-MD-6] · D · Sponsor
• · hswm00 · Standing

Related records

• related to → An Act to authorize appropriations to the United States International Trade Commission, to provide for greater efficiency in the administration of the Commission, and for other purposes.