H.R.2023: Sensible Estate Tax Act of 2009

About This Bill

Bill Summary

Sensible Estate Tax Act of 2009 - Repeals provisions of the Economic Growth and Tax Reconciliation Act of 2001 relating to the estate and gift tax. Amends the Internal Revenue Code to: (1) allow an estate tax exclusion of $2 million adjusted for inflation in calendar years after 2010; (2) revise the estate tax rates for larger estates; (3) restore the estate tax credit for state estate, inheritance, legacy, or succession taxes; (4) restore the...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
April 22, 2009

Introduced in the House by Jim McDermott (D-Wash.)

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