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United States · Bill · S

S. 1825 (96th)

Estate Tax Adjustment Act of 1979

referredUnited States· United States Congress· EN

Introduced

26 September 1979

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Estate Tax Adjustment Act of 1979 - Amends the Internal Revenue Code to increase the unified credits against the estate and gift taxes from $47,000 to $70,700, with increased phase-in amounts for 1979 and 1980. Increases from $175,000 to $250,000 the minimum gross estate necessary to impose on the executor of a United States citizen or resident the duty to make an estate tax return.

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Documents

1 official file

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Sources

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