To amend the Internal Revenue Code of 1986 to treat charitable remainder pet trusts in a similar manner as charitable remainder annuity trusts and charitable remainder unitrusts.
Last action on May 10, 2001Referred to the House Committee on Ways and Means.
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Summary
Amends the Internal Revenue Code to treat a charitable remainder pet trust (a trust created to provide, for a period of up to 20 years, for the exclusive benefit of one or more pets) in a manner similar to charitable remainder annuity trusts and charitable remainder unitrusts.
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