HR 759
107th Congress
House
Taxation
Commerce
Conservation easements
Environmental Protection
Estate tax
Families
Family enterprises
Gift tax
Public Lands and Natural Resources
Tax credits
Tax deductions
Tax exclusion
To amend the Internal Revenue Code of 1986 to increase the unified credit to an exclusion equivalent of $5,000,000.
Introduced: February 27, 2001
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 27, 2001
Referred to the House Committee on Ways and Means.
Feb 27, 2001
Introduced in House
Feb 14, 2001
Sponsor introductory remarks on measure. (CR H366-367)
Plain-English summary
Amends the Internal Revenue Code to: (1) increase the unified estate and gift tax credit to $5 million; and (2) repeal the estate and gift tax family-owned business interests provision.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1