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- S.2242
S.2242: Death Tax Repeal Permanency Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced March 28, 2012
- Latest Major Action March 28, 2012
- See the six similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
38 (All Republicans)
Bill Summary
Death Tax Repeal Permanency Act of 2012 - Amends the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and a $5 million lifetime gift tax exemption.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
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Read twice and referred to the Committee on Finance.
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March 28, 2012 |
Introduced in the Senate by John Thune (R-S.D.) |