US HB3841 | 2009-2010 | 111th Congress
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on October 15 2009 - 25% progression, died in committee
Action: 2009-10-15 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 15 2009 - 25% progression, died in committee
Action: 2009-10-15 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Small Business and Family Farm Estate Tax Relief Act of 2009 - Repeals provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) eliminating the tax on estates and generation-skipping transfers and the step-up in basis provisions for property acquired from a decedent for estates of decedents dying after 2009. Declares that the sunset provision (general terminating date of December 10, 2010) of EGTRRA shall not apply to title V of such Act (Estate, Gift, and Generation-Skipping Transfer Tax Provisions). Amends the Internal Revenue Code to: (1) provide for an increase the estate tax exclusion to $5 million (eliminating the phase-in period); and (2) impose a maximum estate tax rate of 45%.
Title
Small Business and Family Farm Estate Tax Relief Act of 2009
Sponsors
| Rep. Kurt Schrader [D-OR] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-10-15 | Referred to the House Committee on Ways and Means. |
Same As/Similar To
HB436 (Related) 2009-01-09 - Referred to the House Committee on Ways and Means.
HB4154 (Related) 2010-01-20 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 253.
HB4154 (Related) 2010-01-20 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 253.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/3841/all-info |
| Text | https://www.congress.gov/111/bills/hr3841/BILLS-111hr3841ih.pdf |
