Death Tax Repeal Act

Bill: 113-s-1402
Sponsor: full_name: Sen. Boozman, John [R-AR]
Introduced: 2013-07-31
Policy area: Taxation
Subjects: Transfer and inheritance taxes
Latest action: action_date: 2013-07-31
text: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6129)

Summaries:
action_date: 2013-07-31
action_desc: Introduced in Senate
text: <p>Death Tax Repeal Act - Repeals the federal estate, gift, and generation-skipping transfer taxes.</p>

tv_txt: II 113th CONGRESS 1st Session S. 1402 IN THE SENATE OF THE UNITED STATES July 31, 2013 Mr. Boozman introduced the following bill; which was read twice and referred to the Committee on Finance 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Subtitle B of the Internal Revenue Code of 1986 (relating to estate, gift, and generation-skipping taxes) is hereby repealed.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.