Legislators
Bills
Statements
Lobbying
Travel
- Bills
- S.275
S.275: Estate Tax Elimination Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced Feb. 7, 2001
- Latest Major Action March 15, 2001
Bill Sponsor
Bill Cosponsors
14 (6 Democrats, 9 Republicans)
Bill Summary
Estate Tax Elimination Act of 2001 - Amends the Internal Revenue Code to eliminate Federal estate, gift, and transfer taxes. Limits the aggregate step up basis of certain property acquired from a decedent to the aggregate basis of such property plus $2.8 million. Provides for an inflation adjustment.States that the basis for carryover basis property (as defined by this Act) shall be determined under the provision respecting the basis of...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Sponsor introductory remarks on measure.
|
|
Read twice and referred to the Committee on Finance.
|
|
Sponsor introductory remarks on measure.
|
|
Committee on Finance. Hearings held.
|
|
Feb. 7, 2001 |
Introduced in the Senate by Jon Kyl (R-Ariz.) |