Death Tax Repeal Act of 2017
This bill 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. The bill provides for an inflation adjustment to such exemption amount.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2017-01-24 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
| 2017-01-24 | IntroReferral | Introduced in House | Library of Congress |