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United States · Bill · S

S. 4011 (93rd)

A bill to amend the Internal Revenue Code of 1954 to increase the exemption for purposes of the Federal estate tax.

referredUnited States· United States Congress· EN

Introduced

17 September 1974

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Increases the exemption, under the Internal Revenue Code, for purposes of the Federal estate tax from $60,000 to $120,000. Provides that where there is a gross estate of less than $120,000, a return with respect to such estate need not be filed by the executor.

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Documents

1 official file

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Sources

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