HR 4324
106th Congress
House
Taxation
Estate tax
Gift tax
Tax credits
Tax rates
To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $2,500,000 and to reduce the rate of the estate and gifts taxes to the generally applicable capital gains income tax rate.
Introduced: April 13, 2000
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 13, 2000
Referred to the House Committee on Ways and Means.
Apr 13, 2000
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to: (1) reduce the estate and gift tax rates; and (2) increase the estate and gift tax exclusion to $2.5 million.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1