Amendment110th Congress
4378
- Amendment Number
- 4378
- Purpose
- To protect family businesses and farmers without increasing our nation's debt by providing for an estate tax that sets the exemption at $5 million and the rate at 35 percent, with the benefits of the exemption recaptured for estates over $100 million, paid for by closing tax loopholes that allow offshore deferral of compensation and transactions entered into solely for the purpose of avoiding taxation.
- Congress
- 110
- Type
- SAMDT
- Latest Action Date
- Mar 13, 2008
- Latest Action Text
- Amendment SA 4378 not agreed to in Senate by Yea-Nay Vote. 23 - 77. Record Vote Number: 76.
- Proposed Date
- Mar 13, 2008
- Submitted Date
- Mar 13, 2008
- Chamber
- Senate
- Update Date
- Dec 5, 2020