Permanently Repeal the Estate Tax Act of 2017

Bill: 115-hr-451
Sponsor: full_name: Rep. Latta, Robert E. [R-OH-5]
Introduced: 2017-01-11
Policy area: Taxation
Subjects: Transfer and inheritance taxes
Latest action: action_date: 2017-01-11
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2017-01-11
action_desc: Introduced in House
text: <p><strong>Permanently Repeal the Estate Tax Act of 201</strong><b>7</b></p> <p>This bill amends the Internal Revenue Code to repeal the federal estate tax, effective for estates of decedents dying after December 31, 2016.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 451 IN THE HOUSE OF REPRESENTATIVES January 11, 2017 Mr. Latta (for himself, Mr. Duncan of Tennessee , Mr. Farenthold , Mr. Gosar , Mr. Jody B. Hice of Georgia , Mr. Jones , Mr. Long , Mr. Messer , and Mr. Poe of Texas ) 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 2017 . 2. Repeal of estate tax and retention of basis step-up Effective for estates of decedents dying after December 31, 2016, chapter 11 of the Internal Revenue Code of 1986 is repealed.