H.R.324: To amend the Internal Revenue Code of 1986 to increase the unified estate and gift tax credit to an exemption equivalent of $1,200,000, and to provide a cost-of-living adjustment for such amount.

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about taxation
  • Introduced Jan. 7, 1997
  • Latest Major Action Aug. 5, 1997

Bill Summary

Amends the Internal Revenue Code to increase the unified estate and gift tax credit and to provide for an annual cost-of-living adjustment.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
See H.R.2014.
Jan. 7, 1997

Introduced in the House by Gerald B.H. Solomon (R-N.Y.)

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