S 2242
112th Congress
Senate
Taxation
Transfer and inheritance taxes
Death Tax Repeal Permanency Act of 2012
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 28, 2012
Read twice and referred to the Committee on Finance.
Mar 28, 2012
Introduced in Senate
Plain-English summary
Death Tax Repeal Permanency Act of 2012 - Amends the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and a $5 million lifetime gift tax exemption.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1