I 

117TH CONGRESS 

1ST SESSION H. R. 1712 

To amend the Internal Revenue Code of 1986 to repeal the estate and 

generation-skipping transfer taxes. 

IN THE HOUSE OF REPRESENTATIVES 

MARCH 9, 2021 

Mr. SMITH of Missouri (for himself, Mr. BISHOP of Georgia, Mr. TAYLOR, Mr. 

BIGGS, Mr. STEUBE, Mr. DESJARLAIS, Mr. ALLEN, Mr. KELLY of Pennsylvania, Mr. NORMAN, Mr. BURCHETT, Mr. DUNCAN, Mr. JOYCE of 

Pennsylvania, Mr. WESTERMAN, Mr. THOMPSON of Pennsylvania, Mr. 

PERRY, Mr. BANKS, Mr. KELLY of Mississippi, Mr. CALVERT, Mr. 

BISHOP of North Carolina, Mr. KINZINGER, Mr. HIGGINS of Louisiana, 

Mr. PALMER, Mr. CLINE, Mrs. WALORSKI, Mr. RODNEY DAVIS of Illinois, Mr. LONG, Mr. GIBBS, Mr. GRAVES of Missouri, Mr. BACON, Mr. 

GUEST, Mr. YOUNG, Mr. STIVERS, Mr. KELLER, Mr. ARRINGTON, Mr. 

KUSTOFF, Mrs. LESKO, Mrs. MILLER of West Virginia, Mr. COMER, Ms. 

FOXX, Mr. ROY, Mr. WILSON of South Carolina, Mr. LUETKEMEYER, Mr. 

WITTMAN, Mr. RESCHENTHALER, Mr. JOHNSON of Louisiana, Mr. 

KATKO, Mr. JACKSON, Mr. MAST, Mr. BARR, Mr. GUTHRIE, Mrs. 

HINSON, Mr. DAVIDSON, Mr. LAHOOD, Mr. FULCHER, Mr. BOST, Mr. 

ROUZER, Mr. HARRIS, Mr. HICE of Georgia, Mr. BUDD, Mr. BILIRAKIS, 

Mr. FEENSTRA, Mr. EMMER, Mr. CLOUD, Mr. CARTER of Georgia, Mr. 

SMITH of Nebraska, Mr. PENCE, Mr. MCCLINTOCK, Mr. BAIRD, Mr. 

NEWHOUSE, Mr. HILL, Mr. ROSENDALE, Mr. LATTA, Mr. SESSIONS, Mr. 

MANN, Mrs. STEEL, Ms. HERRELL, Mr. STEIL, Mr. GOSAR, Mrs. WAGNER, Mr. HERN, Mr. HUIZENGA, Mr. ARMSTRONG, Mrs. RODGERS of 

Washington, Mr. TURNER, Mr. CARL, Mr. CRAWFORD, Mr. STAUBER, 

Mr. OWENS, Mr. CAWTHORN, Mr. HAGEDORN, Mr. BUCK, Mr. GAETZ, 

Mr. ROGERS of Alabama, Mr. CRENSHAW, Mrs. MCCLAIN, Mr. JORDAN, 

Mr. WOMACK, Mr. PFLUGER, Mr. GREEN of Tennessee, Mr. MOORE of 

Alabama, Mr. VALADAO, Mr. SMUCKER, Mrs. HARSHBARGER, Mr. 

GARBARINO, Mr. TIFFANY, Mr. AUSTIN SCOTT of Georgia, Mr. GARCIA

of California, Mr. CURTIS, Mr. SIMPSON, Mr. FERGUSON, Mr. JOHNSON

of Ohio, Mr. WEBER of Texas, Mr. NEHLS, Mrs. BICE of Oklahoma, Mr. 

BROOKS, Mr. FITZGERALD, Mr. NUNES, Mr. ROSE, Mrs. HARTZLER, Mr. 

MCCAUL, Mr. WILLIAMS of Texas, and Mr. BALDERSON) introduced the 

following bill; which was referred to the Committee on Ways and Means 


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•HR 1712 IH

A BILL 

To amend the Internal Revenue Code of 1986 to repeal 

the estate and generation-skipping transfer taxes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Death Tax Repeal 

5 Act’’. 

6 SEC. 2. REPEAL OF ESTATE AND GENERATION-SKIPPING 

7 TRANSFER TAXES. 

8 (a) ESTATE TAX REPEAL.— 

9 (1) IN GENERAL.—Subchapter C of chapter 11 

10 of subtitle B of the Internal Revenue Code of 1986 

11 is amended by adding at the end the following new 

12 section: 

13 ‘‘SEC. 2210. TERMINATION. 

14 ‘‘(a) IN GENERAL.—Except as provided in subsection 

15 (b), this chapter shall not apply to the estates of decedents 

16 dying on or after the date of the enactment of the Death 

17 Tax Repeal Act. 

18 ‘‘(b) CERTAIN DISTRIBUTIONS FROM QUALIFIED

19 DOMESTIC TRUSTS.—In applying section 2056A with re20 spect to the surviving spouse of a decedent dying before 

21 the date of the enactment of the Death Tax Repeal Act— 


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1 ‘‘(1) section 2056A(b)(1)(A) shall not apply to 

2 distributions made after the 10-year period begin3 ning on such date, and 

4 ‘‘(2) section 2056A(b)(1)(B) shall not apply on 

5 or after such date.’’. 

6 (2) CLERICAL AMENDMENT.—The table of sec7 tions for subchapter C of chapter 11 of the Internal 

8 Revenue Code of 1986 is amended by adding at the 

9 end the following new item: 

‘‘Sec. 2210. Termination.’’. 

10 (b) GENERATION-SKIPPING TRANSFER TAX RE11 PEAL.— 

12 (1) IN GENERAL.—Subchapter G of chapter 13 

13 of subtitle B of such Code is amended by adding at 

14 the end the following new section: 

15 ‘‘SEC. 2664. TERMINATION. 

16 ‘‘This chapter shall not apply to generation-skipping 

17 transfers on or after the date of the enactment of the 

18 Death Tax Repeal Act.’’. 

19 (2) CLERICAL AMENDMENT.—The table of sec20 tions for subchapter G of chapter 13 of such Code 

21 is amended by adding at the end the following new 

22 item: 

‘‘Sec. 2664. Termination.’’. 

23 (c) CONFORMING AMENDMENTS RELATED TO GIFT

24 TAX.— 


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1 (1) COMPUTATION OF GIFT TAX.—Subsection 

2 (a) of section 2502 of the Internal Revenue Code of 

3 1986 is amended to read as follows: 

4 ‘‘(a) COMPUTATION OF TAX.— 

5 ‘‘(1) IN GENERAL.—The tax imposed by section 

6 2501 for each calendar year shall be an amount 

7 equal to the excess of— 

8 ‘‘(A) a tentative tax, computed under para9 graph (2), on the aggregate sum of the taxable 

10 gifts for such calendar year and for each of the 

11 preceding calendar periods, over 

12 ‘‘(B) a tentative tax, computed under para13 graph (2), on the aggregate sum of the taxable 

14 gifts for each of the preceding calendar periods. 

15 ‘‘(2) RATE SCHEDULE.— 

‘‘If the amount with respect 

to which the tentative tax 

to be computed is: The tentative tax is: 

Not over $10,000 .......................... 18% of such amount. 

Over $10,000 but not over 

$20,000.

$1,800, plus 20% of the excess over 

$10,000. 

Over $20,000 but not over 

$40,000.

$3,800, plus 22% of the excess over 

$20,000. 

Over $40,000 but not over 

$60,000.

$8,200, plus 24% of the excess over 

$40,000. 

Over $60,000 but not over 

$80,000.

$13,000, plus 26% of the excess over 

$60,000. 

Over $80,000 but not over 

$100,000.

$18,200, plus 28% of the excess over 

$80,000. 

Over $100,000 but not over 

$150,000.

$23,800, plus 30% of the excess over 

$100,000. 

Over $150,000 but not over 

$250,000.

$38,800, plus 32% of the excess of 

$150,000. 

Over $250,000 but not over 

$500,000.

$70,800, plus 34% of the excess over 

$250,000. 

Over $500,000 ............................... $155,800, plus 35% of the excess of 

$500,000.’’. 


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1 (2) LIFETIME GIFT EXEMPTION.— 

2 (A) IN GENERAL.—Paragraph (1) of sec3 tion 2505(a) of the Internal Revenue Code of 

4 1986 is amended to read as follows: 

5 ‘‘(1) the amount of the tentative tax which 

6 would be determined under the rate schedule set 

7 forth in section 2502(a)(2) if the amount with re8 spect to which such tentative tax is to be computed 

9 were $10,000,000, reduced by’’. 

10 (B) INFLATION ADJUSTMENT.—Section 

11 2505 of such Code is amended by adding at the 

12 end the following new subsection: 

13 ‘‘(d) INFLATION ADJUSTMENT.— 

14 ‘‘(1) IN GENERAL.—In the case of any calendar 

15 year after 2011, the dollar amount in subsection 

16 (a)(1) shall be increased by an amount equal to— 

17 ‘‘(A) such dollar amount, multiplied by 

18 ‘‘(B) the cost-of-living adjustment deter19 mined under section 1(f)(3) for such calendar 

20 year by substituting ‘calendar year 2010’ for 

21 ‘calendar year 2016’ in subparagraph (A)(ii) 

22 thereof. 

23 ‘‘(2) ROUNDING.—If any amount as adjusted 

24 under paragraph (1) is not a multiple of $10,000, 


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1 such amount shall be rounded to the nearest mul2 tiple of $10,000.’’. 

3 (3) OTHER CONFORMING AMENDMENTS RE4 LATED TO GIFT TAX.— 

5 (A) The heading for section 2505 of such 

6 Code is amended by striking ‘‘UNIFIED’’. 

7 (B) The item in the table of sections for 

8 subchapter A of chapter 12 of such Code relat9 ing to section 2505 is amended to read as fol10 lows: 

‘‘Sec. 2505. Credit against gift tax.’’. 

11 (C) Section 2801(a)(1) of such Code is 

12 amended by striking ‘‘section 2001(c) as in ef13 fect on the date of such receipt’’ and inserting 

14 ‘‘section 2502(a)(2)’’. 

15 (d) EFFECTIVE DATE.—The amendments made by 

16 this section shall apply to estates of decedents dying, gen17 eration-skipping transfers, and gifts made, on or after the 

18 date of the enactment of this Act. 

19 (e) TRANSITION RULE.— 

20 (1) IN GENERAL.—For purposes of applying 

21 sections 1015(d), 2502, and 2505 of the Internal 

22 Revenue Code of 1986, the calendar year in which 

23 this Act is enacted shall be treated as two separate 

24 calendar years one of which ends on the day before 


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1 the date of the enactment of this Act and the other 

2 of which begins on such date of enactment. 

3 (2) APPLICATION OF SECTION 2504(b).—For 

4 purposes of applying section 2504(b) of the Internal 

5 Revenue Code of 1986, the calendar year in which 

6 this Act is enacted shall be treated as one preceding 

7 calendar period. 

Æ 


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