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H.R. 6228

To amend the Internal Revenue Code of 1986 to make permanent the increase in the estate and gift tax exemption made by Public Law 115-97.

This bill amends the Internal Revenue Code to make permanent the $10 million exemption amount for the estate and gift tax. (Under current law, the exemption amount has been temporarily increased from $5 million to $10 million for decedents dying or gifts made after December 31, 2017, and before January 1, 2026. The amount is indexed for inflation after 2011.)

Referred to the House Committee on Ways and Means.

Rep. Marchant, Kenny [R-TX-24](R-TX)Sponsor
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To amend the Internal Revenue Code of 1986 to make permanent the increase in the estate an… — Informed