US Congress House Bill 436 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 2)
Status: Introduced on January 9 2009 - 25% progression, died in committee
Action: 2009-01-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Certain 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 to $3.5 million of the estate tax exclusion (eliminating the phase-in period); (2) impose a maximum estate tax rate of 45% ; (3) restore the phaseout of graduated estate tax rates and the unified credit against the estate tax; (4) set forth estate valuation rules for certain transfers of nonbusiness assets; and (5) limit estate tax discounts for certain individuals with minority interests in a business acquired from a decedent.

Certain Estate Tax Relief Act of 2009

Rep. Bob Etheridge [D-NC]

Rep. Earl Pomeroy [D-ND]

Date	Chamber	Action
2009-01-09		Referred to the House Committee on Ways and Means.

HB3841 (Related) 2009-10-15 - 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.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/436/all-info
Text	https://www.congress.gov/111/bills/hr436/BILLS-111hr436ih.pdf