713

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Amendment Number
713
Purpose
Replacing the estate tax repeal with a phased-in increase in the exemption amount to $4,000,000, an unlimited qualified family-owned business exclusion beginning in 2003, and a reduction in the top rate to 45 percent.
Congress
107
Type
SAMDT
Latest Action Date
May 21, 2001
Latest Action Text
Amendment SA 713 not agreed to in Senate by Yea-Nay Vote. 43 - 56. Record Vote Number: 124.
Proposed Date
May 21, 2001
Submitted Date
May 21, 2001
Chamber
Senate
Update Date
Aug 15, 2021
Amendment 713 — Informed