Sensible Estate Tax Act of 2008
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Sensible Estate Tax Act of 2008 - Repeals provisions of the Economic Growth and Tax Reconciliation Act of 2001 relating to the estate and gift tax.
Amends the Internal Revenue Code to: (1) allow an estate tax exclusion of $2 million adjusted for inflation in calendar years after 2008; (2) revise the estate tax rates for larger estates; (3) restore the estate tax credit for state estate, inheritance, legacy, or succession taxes; (4) restore the unified credit against the gift tax; and (5) allow a surviving spouse an increase in the unified estate tax credit by the amount of any unused credit of a deceased spouse.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 6499: Sensible Estate Tax Act of 2008. 110th Congress. Open America. https://openamerica.io/bill/110-HR-6499/
"H.R. 6499: Sensible Estate Tax Act of 2008." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-6499/.
H.R. 6499, 110th Cong. (2026), https://openamerica.io/bill/110-HR-6499/.
[H.R. 6499: Sensible Estate Tax Act of 2008](https://openamerica.io/bill/110-HR-6499/)