Permanently Repeal the Estate Tax Act of 2015

Bill: 114-hr-725
Sponsor: full_name: Rep. Latta, Robert E. [R-OH-5]
Introduced: 2015-02-04
Policy area: Taxation
Subjects: Transfer and inheritance taxes
Latest action: action_date: 2015-02-04
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2015-02-04
action_desc: Introduced in House
text: <p><strong>Permanently Repeal the Estate Tax Act of 2015</strong></p> <p>Repeals the federal estate tax, effective for estates of decedents dying after December 31, 2014.</p>

tv_txt: I 114th CONGRESS 1st Session H. R. 725 IN THE HOUSE OF REPRESENTATIVES February 4, 2015 Mr. Latta (for himself, Mr. Jones , Mr. Messer , Mr. Joyce , Mr. Farenthold , Mr. Gosar , Mr. Poe of Texas , Mr. Long , Mr. Jody B. Hice of Georgia , and Mr. Duncan of Tennessee ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to repeal the estate tax and retain stepped-up basis at death.

1. Short title This Act may be cited as the Permanently Repeal the Estate Tax Act of 2015 . 2. Repeal of estate tax and retention of basis step-up Effective for estates of decedents dying after December 31, 2014, chapter 11 of the Internal Revenue Code of 1986 is repealed.