695

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Amendment Number
695
Purpose
To limit the reduction in the 39.6% rate to 38% and to replace the estate tax repeal with increases in the unified credit and the family-owned business exclusion so that the savings may be used for Federal debt reduction and improvements to the Nation's nontransportation infrastructure.
Congress
107
Type
SAMDT
Latest Action Date
May 21, 2001
Latest Action Text
Amendment SA 695 not agreed to in Senate by Yea-Nay Vote. 39 - 60. Record Vote Number: 123.
Proposed Date
May 21, 2001
Submitted Date
May 21, 2001
Chamber
Senate
Update Date
Mar 9, 2026
Amendment 695 — Informed