Death Tax Repeal Act of 2015
Last action on Mar 25, 2015Read twice and referred to the Committee on Finance.
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Summary
Death Tax Repeal Act of 2015
Amends the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. Provides for an inflation adjustment to such exemption amount.
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