Skip to main content
HR 1583 105th Congress House

Family Business Preservation Act

Official title: To amend the Internal Revenue Code of 1986 to provide an exclusion from estate tax for family-owned businesses.

Introduced: May 20, 1997 See on congress.gov
Taxation AliensCollege costsCommerceCost of living adjustments
More subjectsShow fewer subjects
DebtEconomics and Public FinanceEducationEducational financeEstate taxFamiliesFamily enterprisesFinance and Financial SectorGiftsHealthHigher educationImmigrationIndexing (Economic policy)InterestLaw
Sign in to write a letter Sign in to watch
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.

 Latest action May 14, 1997

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

 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 1
D
DeGette, Diana
Colorado · Jul 17, 1997
DEUTSCH, PETER
· Jun 17, 1997
DOOLEY, CAL
· Jun 17, 1997
LAMPSON, NICK
· May 20, 1997
SANDLIN, MAX
· May 20, 1997
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