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- H.R.6228
H.R.6228: To amend the Internal Revenue Code of 1986 to make permanent the increase in the estate and gift tax exemption made by Public Law 115-97.
About This Bill
- Introduced June 26, 2018
- Latest Major Action June 26, 2018
Bill Sponsor
Bill Version
- Introduced in House - June 26, 2018
Bill Summary
This bill amends the Internal Revenue Code to make permanent the $10 million exemption amount for the estate and gift tax. (Under current law, the exemption amount has been temporarily increased from $5 million to $10 million for decedents dying or gifts made after December 31, 2017, and before January 1, 2026. The amount is indexed for inflation after 2011.)
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
June 26, 2018 |
Referred to the House Committee on Ways and Means.
|
June 26, 2018 |
Introduced in the House by Kenny Marchant (R-Texas) |