Amendment107th Congress
Amendment in the nature of a substitute sought to raise the exclusion from the estate tax to $2 million per person and $4 million per couple as of January 1, 2002 and gradually increase the exclusion so that it reaches $2.5 million per person and $5 million per couple for a total cost of $40 billion over ten years.
- Amendment Number
- 25
- Description
- Amendment in the nature of a substitute sought to raise the exclusion from the estate tax to $2 million per person and $4 million per couple as of January 1, 2002 and gradually increase the exclusion so that it reaches $2.5 million per person and $5 million per couple for a total cost of $40 billion over ten years.
- Purpose
- An amendment in the nature of a substitute made in order pursuant to the provisions of H. Res. 111.
- Congress
- 107
- Type
- HAMDT
- Latest Action Date
- Apr 4, 2001
- Latest Action Text
- On agreeing to the Rangel amendment (A002) Failed by the Yeas and Nays: 201 - 227 (Roll no. 82).
- Latest Action Time
- 15:07:07
- Submitted Date
- Apr 4, 2001
- Chamber
- House of Representatives
- Update Date
- Aug 15, 2021