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- H.R.2658
H.R.2658: To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $5,000,000, to adjust such amount for inflation, to repeal the 1-year termination of the estate tax, and for other purposes.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced June 2, 2009
- Latest Major Action June 2, 2009
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to increase the unified credit against the estate and gift tax to $5 million after 2009 and to adjust such amount for inflation for estates opened after 2010. Restores previous estate tax and carryover basis provisions temporarily repealed by the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA). Modifies the general termination date of such Act (i.e., December 31, 2010) as it applies to...
(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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June 2, 2009 |
Introduced in the House by Michael E. Capuano (D-Mass.) |