S.3533: Responsible Estate Tax Act

About This Bill

Bill Summary

Responsible Estate Tax Act - Repeals provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) eliminating the tax on estates and generation-skipping transfers and the step-up in basis provisions for property acquired from a decedent for estates of decedents dying after 2009 (thus restoring prior law). Declares that the sunset provision (general terminating date of December 10, 2010) of EGTRRA shall not apply to...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
June 24, 2010

Introduced in the Senate by Bernard Sanders (ID-Vt.)

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