This bill amends the Internal Revenue Code to make permanent the $10 million exemption amount for the estate and gift tax. (Under current law, the exemption amount has been temporarily increased from $5 million to $10 million for decedents dying or gifts made after December 31, 2017, and before January 1, 2026. The amount is indexed for inflation after 2011.)
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2018-06-26 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
| 2018-06-26 | IntroReferral | Introduced in House | Library of Congress |