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H.R. 631

Death Tax Repeal Act of 2017

Death Tax Repeal Act of 2017

This bill 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. The bill provides for an inflation adjustment to such exemption amount.

Referred to the House Committee on Ways and Means.

Rep. Noem, Kristi L. [R-SD-At Large](R-SD)Sponsor
102 cosponsors1 D101 R
102cosponsors1committees3actions3related bills2subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Death Tax Repeal Act of 2017 — Informed