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- H.R.1544
H.R.1544: Sensible Estate Tax Act of 2015
About This Bill
- Introduced March 23, 2015
- Latest Major Action March 23, 2015
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Sensible Estate Tax Act of 2015 Amends the Internal Revenue Code to: (1) establish new estate tax rates of between 41% (for estates with a value in excess of $1 million) and 55% (for estates with a value in excess of $10 million), (2) allow a $1 million estate tax exclusion, and (3) provide for an inflation adjustment to such amounts for decedents dying after 2016. Restores the estate tax credit for any estate, inheritance, legacy, or...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 23, 2015 |
Referred to the House Committee on Ways and Means.
|
| March 23, 2015 |
Introduced in the House by Jim McDermott (D-Wash.) |