Death Tax Repeal Act

Bill: 113-hr-147
Sponsor: full_name: Rep. Thornberry, Mac [R-TX-13]
Introduced: 2013-01-03
Policy area: Taxation
Subjects: Transfer and inheritance taxes
Latest action: action_date: 2013-01-03
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2013-01-03
action_desc: Introduced in House
text: <p>Death Tax Repeal Act - Repeals the federal estate, gift, and generation-skipping transfer taxes.</p>

tv_txt: I 113th CONGRESS 1st Session H. R. 147 IN THE HOUSE OF REPRESENTATIVES January 3, 2013 Mr. Thornberry (for himself, Mr. Barton , Mr. Broun of Georgia , Mr. Conaway , Mr. Culberson , Mr. Rogers of Kentucky , Mr. Sessions , Mr. Womack , Mr. Wilson of South Carolina , Mr. Franks of Arizona , Mr. Graves of Georgia , Mr. Jones , Mr. Nugent , Mr. Roe of Tennessee , Mr. Rokita , Mr. Young of Florida , Mr. McKinley , Mr. Olson , Mr. Rahall , Mr. Rogers of Alabama , Mr. Issa , Mr. Hall , Mr. Bachus , Mr. Turner , Mr. Sensenbrenner , Mr. Duncan of Tennessee , Mr. Smith of Texas , and Mr. Yoder ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To repeal the Federal estate and gift taxes.

1. Short title This Act may be cited as the Death Tax Repeal Act . 2. Repeal of estate and gift taxes (a) In general Subtitle B of the Internal Revenue Code of 1986 (relating to estate, gift, and generation-skipping taxes) is hereby repealed. (b) Effective date The repeal made by subsection (a) shall apply to estates of decedents dying, gifts made, and generation-skipping transfers made after the date of the enactment of this Act.