S. 2242
112th Congress
Senate
Death Tax Repeal Permanency Act of 2012
Official title: A bill to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, and for other purposes.
Taxation
Transfer and inheritance taxes
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
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Latest action
Read twice and referred to the Committee on Finance.
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.
Related & companion bills
3
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). S. 2242: Death Tax Repeal Permanency Act of 2012. 112th Congress. Open America. https://openamerica.io/bill/112-S-2242/
"S. 2242: Death Tax Repeal Permanency Act of 2012." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-2242/.
S. 2242, 112th Cong. (2026), https://openamerica.io/bill/112-S-2242/.
[S. 2242: Death Tax Repeal Permanency Act of 2012](https://openamerica.io/bill/112-S-2242/)