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- S.860
S.860: Death Tax Repeal Act of 2015
About This Bill
- Introduced March 25, 2015
- Latest Major Action March 25, 2015
- See the six similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
40 (All Republicans)
Bill Summary
Death Tax Repeal Act of 2015 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 the lifetime gift tax exemption. Provides for an inflation adjustment to such exemption amount.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
March 25, 2015 |
Read twice and referred to the Committee on Finance.
|
March 25, 2015 |
Introduced in the Senate by John Thune (R-S.D.) |