Senate
Mar 25, 2015A bill to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, and for other purposes.
Summary
Official
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.
Bill Progress
Bill has been introduced and assigned a number
Introduced(3/25/15)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
JT
Mr. Thune
Senate (R) South Dakota
Cosponsors (20)
Topics
Latest Action
Read twice and referred to the Committee on Finance.
Mar 25, 2015