Skip to main content
HR 1583 105th Congress House Taxation Aliens College costs Commerce Cost of living adjustments Debt Economics and Public Finance Education Educational finance Estate tax Families Family enterprises Finance and Financial Sector Gifts Health Higher education Immigration Indexing (Economic policy) Interest Law

Family Business Preservation Act

Introduced: May 13, 1997 See on congress.gov
This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 14, 1997
Sponsor introductory remarks on measure. (CR E913-914)
May 13, 1997
Referred to the House Committee on Ways and Means.
May 13, 1997
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Family Business Preservation Act - Amends the Internal Revenue Code to exclude from the gross value of an estate, for purposes of the estate tax, specified portions of the value of a qualified family-owned business.

What's happening now May 14, 1997

Sponsor introductory remarks on measure. (CR E913-914)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1583: Family Business Preservation Act. 105th Congress. Open America. https://openamerica.io/bill/105-HR-1583/
MLA
"H.R. 1583: Family Business Preservation Act." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-1583/.
Bluebook (legal)
H.R. 1583, 105th Cong. (2026), https://openamerica.io/bill/105-HR-1583/.
Markdown link
[H.R. 1583: Family Business Preservation Act](https://openamerica.io/bill/105-HR-1583/)
Report a problem