To amend the Internal Revenue Code of 1986 to allow a family-owned business exclusion from the gross estate subject to estate tax, and for other purposes.

Summary

Official

Family Business Protection Act of 1995 - Amends the Internal Revenue Code to exclude from the gross estate, for estate tax purposes, specified portions of the adjusted value of the qualified family-owned business interests of the decedent.

How would you vote on this bill?

Yes No

Bill Progress

Bill has been introduced and assigned a number

Introduced(8/3/95)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. MCCRERY

(R) LA – 4

Cosponsors (22)

BLUTE

(R) MA

PARKER

(D) MS

BAKER

(R) LA

WELLER

(R) IL

HALL

(D) TX

BREWSTER

(D) OK

CRAMER

(D) AL

TAUZIN

(D) LA

BUNNING

(R) KY

BAESLER

(D) KY

Topics

Social Programs

Business & Finance

Latest Action

Referred to the House Committee on Ways and Means.

Aug 3, 1995