Sensible Estate Tax Act of 2016
Official title: To amend the Internal Revenue Code of 1986 to return the estate, gift, and generation skipping transfer tax to 2009 levels.
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Referred to the House Committee on Ways and Means.
Sensible Estate Tax Act of 2016
This bill amends the Internal Revenue Code to modify the estate and gift taxes. For the estate tax, the bill increases the rates and decreases the amount that is excluded from the tax. For the gift tax, the bill establishes a separate lifetime exclusion amount. (Under current law, the estate and gift taxes share a unified exclusion amount.)
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 4996: Sensible Estate Tax Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-4996/
"H.R. 4996: Sensible Estate Tax Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-4996/.
H.R. 4996, 114th Cong. (2026), https://openamerica.io/bill/114-HR-4996/.
[H.R. 4996: Sensible Estate Tax Act of 2016](https://openamerica.io/bill/114-HR-4996/)