United States · Bill · HR
H.R. 5223 (96th)
A bill to amend the Internal Revenue Code of 1954 to increase the unified credit against estate and gift taxes to $70,800, and to provide an inflation adjustment of such amount.
Introduced
10 September 1979
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
7 February 2024
Summary
Amends the Internal Revenue Code to increase the unified tax credit for both estate and gift taxes from $47,000 to $70,800 over a five-year phase-in period, with annual adjustments for each succeeding year after such period.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
No timeline events have been ingested for this record yet.
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 · 10 September 1979
Sponsors
No sponsors or actors listed by the source.
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/96th-congress/house-bill/5223
- Open data entity: https://api.congress.gov/v3/bill/96/hr/5223