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.
Action Date | Type | Text | Source |
---|---|---|---|
2015-03-25 | IntroReferral | Read twice and referred to the Committee on Finance. | Senate |
2015-03-25 | IntroReferral | Introduced in Senate | Library of Congress |