US SB2242 | 2011-2012 | 112th Congress

Status

Sponsorship: Partisan Bill (Republican 38)
Status: Introduced on March 28 2012 - 25% progression, died in committee
Action: 2012-03-28 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Death Tax Repeal Permanency Act of 2012 - 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 a $5 million lifetime gift tax exemption.

Tracking Information

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Title

Death Tax Repeal Permanency Act of 2012

Sponsors


History

DateChamberAction
2012-03-28SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB1259 (Related) 2011-03-30 - Referred to the House Committee on Ways and Means.
HB3400 (Related) 2011-11-29 - Referred to the Subcommittee on Energy and Mineral Resources.
SB3420 (Related) 2012-07-24 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 472.

Subjects


US Congress State Sources


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