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- H.R.2907
H.R.2907: Responsible Estate Tax Act
About This Bill
- Introduced June 25, 2015
- Latest Major Action June 25, 2015
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Responsible Estate Tax Act Amends the Internal Revenue Code, with respect to estate, gift, and generation-skipping transfer taxes, to: (1) revise estate tax rates to impose an increased tax for estates over $3.5 million and a maximum tax rate of 55% for estates over $50 million, (2) impose a 10% surtax on estates over $500 million, (3) reduce the basic estate tax exclusion amount to $3.5 million, (4) increase to $3 million the reduction in...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 25, 2015 |
Referred to the House Committee on Ways and Means.
|
| June 25, 2015 |
Introduced in the House by Jan Schakowsky (D-Ill.) |