American Family-Owned Business Act

Summary

American Family-Owned Business Act - Amends the Internal Revenue Code to exclude from the gross estate, for purposes of the estate tax, specified portions of the adjusted value of the qualified family-owned business interests of the decedent.

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

Timeline

1. 30 January 1997

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 30 January 1997

   Introduced

   Sponsor introductory remarks on measure. (CR S876-877)

   Source: IntroReferral

3. 30 January 1997

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 30 January 1997 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 30 January 1997

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 30 January 1997

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 30 January 1997

  Open at official source

Sponsors

• Sen. McCain, John [R-AZ] · R · Sponsor
• · ssfi00 · Standing

Related records

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