I 
109TH CONGRESS 
1ST SESSION H. R. 1574 
To amend the Internal Revenue Code of 1986 and the Economic Growth 
and Tax Relief Reconciliation Act of 2001 to restore the estate tax 
and repeal the carryover basis rule and to increase the estate tax unified 
credit to an exclusion equivalent of $3,500,000. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 12, 2005 
Mr. MOORE of Kansas (for himself and Mr. CASE) introduced the following 
bill; which was referred to the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 and the Eco-
nomic Growth and Tax Relief Reconciliation Act of 2001 
to restore the estate tax and repeal the carryover basis 
rule and to increase the estate tax unified credit to 
an exclusion equivalent of $3,500,000. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. RESTORATION OF ESTATE TAX; REPEAL OF 
CARRYOVER BASIS. 
(a) IN GENERAL.—Subtitles A and E of title V of 
the Economic Growth and Tax Relief Reconciliation Act 
of 2001, and the amendments made by such subtitles, are
hereby repealed; and the Internal Revenue Code of 1986 
shall be applied as if such subtitles, and amendments, had 
never been enacted. 
(b) SUNSET NOT TO APPLY.— 
(1) Subsection (a) of section 901 of the Eco-
nomic Growth and Tax Relief Reconciliation Act of 
2001 is amended by striking ‘‘this Act’’ and all that 
follows and inserting ‘‘this Act (other than title V) 
shall not apply to taxable, plan, or limitation years 
beginning after December 31, 2010.’’. 
(2) Subsection (b) of such section 901 is 
amended by striking ‘‘, estates, gifts, and transfers’’. 
(c) CONFORMING AMENDMENTS.—Subsections (d) 
and (e) of section 511 of the Economic Growth and Tax 
Relief Reconciliation Act of 2001, and the amendments 
made by such subsections, are hereby repealed; and the 
Internal Revenue Code of 1986 shall be applied as if such 
subsections, and amendments, had never been enacted. 
SEC. 2. INCREASE IN THE UNIFIED CREDIT AGAINST THE 
ESTATE TAX. 
(a) IN GENERAL.—Subsection (c) of section 2010 of 
the Internal Revenue Code of 1986 (relating to applicable 
credit amount) is amended by striking all that follows ‘‘the 
applicable exclusion amount’’ and inserting ‘‘. For pur-
poses of the preceding sentence, the applicable exclusion 
amount is $3,500,000.’’. 
(b) INFLATION ADJUSTMENT.—Section 2010 of such 
Code is amended by redesignating subsection (d) as sub-
section (e) and by inserting after subsection (c) the fol-
lowing new subsection: 
‘‘(d) INFLATION ADJUSTMENT.—In the case of any 
decedent dying in a calendar year after 2006, the dollar 
amount in subsection (c) shall be increased by an amount 
equal to— 
‘‘(1) such dollar amount, multiplied by 
‘‘(2) the cost-of-living adjustment determined 
under section 1(f)(3) for such calendar year, deter-
mined by substituting ‘2005’ for ‘1992’ in subpara-
graph (B) thereof. 
If any increase determined under the preceding sentence 
is not a multiple of $10,000, such increase shall be round-
ed to the nearest multiple of $10,000.’’. 
(c) CONFORMING AMENDMENT.—Section 6018(a)(1) 
of such Code is amended by striking ‘‘section 2010(c)’’ 
and inserting ‘‘section 2010’’. 
(d) EFFECTIVE DATE.—The amendments made this 
section shall apply to estates of decedents dying, and gifts 
made, after December 31, 2005. 
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