S.860: Death Tax Repeal Act of 2015

About This Bill

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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

There is one statement associated with S.860.

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.)

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