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- H.R.3170
H.R.3170: Capital Gains and Estate Tax Relief Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced July 24, 2007
- Latest Major Action July 25, 2007
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
2 (2 Democrats, 1 Republican)
Bill Summary
Capital Gains and Estate Tax Relief Act of 2007 - Makes permanent the reduction in capital gains tax rates (from 20 to 15%) enacted by the Jobs and Growth Tax Relief and Reconciliation Act of 2003.Amends the Internal Revenue Code to: (1) restore the unified credit against gift tax liability; (2) provide for annual increases in the estate tax exclusion amount between 2010 and 2015 and establish a permanent exclusion amount of $5 million for...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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Sponsor introductory remarks on measure.
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July 24, 2007 |
Introduced in the House by Harry E. Mitchell (D-Ariz.) |