Estate Tax Rate Reduction Act

Last action on Mar 19, 2026Referred to the House Committee on Financial Services.

Summary

Estate Tax Rate Reduction Act

This bill reduces the rate for the tax on estates, gifts, and generation-skipping transfers to 20%. (Under current law, the highest rate is 40%.)

The bill also exempts the budgetary effects of the tax reduction from the Pay-As-You-Go (PAYGO) rules established by the Statutory Pay-As-You-Go Act of 2010 and the FY2018 congressional budget resolution.

Estate Tax Rate Reduction Act

Summary

Lifecycle of the Bill

Cosponsors (1)

House Committee on the Budget

House Committee on Ways and Means

CBO Cost Estimate

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Estate Tax Rate Reduction Act

Summary

Lifecycle of the Bill

Lifecycle of the Bill

Bill Information

Sponsors & Co-sponsors (2)

Cosponsors (1)

Policy Area

Committees (2)

House Committee on the Budget

House Committee on Ways and Means

CBO Cost Estimate

CBO Cost Estimate