Bill114th CongressFiled Mar 25, 2015Taxation
S. 860
Death Tax Repeal Act of 2015
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Mar 25, 2015)
Death Tax Repeal Act of 2015
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. Provides for an inflation adjustment to such exemption amount.
What just happenedMar 25, 2015
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Thune, John [R-SD](R-SD)Sponsor
40 cosponsors40 R
40cosponsors1committees2actions3related bills2subjects
- Introduced in SenateMar 25, 2015
- Mar 25, 2015IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Mar 25, 2015IntroReferral10000
Introduced in Senate