To amend the Internal Revenue Code of 1986 to increase the unified credit against estate and gift taxes to an amount equivalent to a $1,000,000 exclusion.

openUnited States· United States Congress· EN

Introduced

7 January 1997

Last action

5 August 1997 · Committee

Status

See H.R.2014.

Summary

Amends the Internal Revenue Code to increase the unified credit against estate tax and gift tax. Revises the formula for the phase-out of graduated rates and the unified credit. Requires the executor of an estate to make a tax return where the estate exceeds $1 million (currently $600,000).

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

Timeline

7 January 1997
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
7 January 1997
Introduced
Introduced in House
Source: IntroReferral
7 January 1997
Introduced
Introduced in House
Source: IntroReferral
5 August 1997
Committee
See H.R.2014.
Source: Committee

Votes

No vote records are attached yet.

Versions

Introduced in House · 7 January 1997 · Download file

Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 7 January 1997
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Introduced in House (PDF)
Introduced in House · EN · 7 January 1997
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Introduced in House
summary · EN · 7 January 1997
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to ← Taxpayer Relief Act of 1997

Sources

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

Official source: https://www.congress.gov/bill/105th-congress/house-bill/348
Open data entity: https://api.congress.gov/v3/bill/105/hr/348
us · 105-hr-348 · source updated 7 February 2024