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- S.205
S.205: Death Tax Repeal Act of 2017
About This Bill
- Introduced Jan. 24, 2017
- Latest Major Action Jan. 24, 2017
- See the six similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
37 (All Republicans)
Bill Version
- Introduced in Senate - Jan. 24, 2017
Bill Summary
Death Tax Repeal Act of 2017 This bill 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. The bill also provides for an inflation adjustment to such exemption amount.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
Jan. 24, 2017 |
Read twice and referred to the Committee on Finance.
|
Jan. 24, 2017 |
Introduced in the Senate by John Thune (R-S.D.) |