Death Tax Repeal Act of 2017

Bill: 115-hr-198
Sponsor: full_name: Rep. Thornberry, Mac [R-TX-13]
Introduced: 2017-01-03
Policy area: Taxation
Subjects: Transfer and inheritance taxes
Latest action: action_date: 2017-01-03
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2017-01-03
action_desc: Introduced in House
text: <p><strong></strong><b>Death Tax Repeal Act of 2017</b></p> <p>This bill repeals the federal estate, gift, and generation-skipping transfer taxes.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 198 IN THE HOUSE OF REPRESENTATIVES January 3, 2017 Mr. Thornberry (for himself, Mr. Palazzo , Mr. Rogers of Alabama , Mr. Huizenga , Mr. Wilson of South Carolina , Mr. Gosar , Mr. Abraham , Mr. Cramer , Mr. Cook , Mr. Jody B. Hice of Georgia , Mr. Bucshon , Mr. Crawford , Mr. Culberson , Mr. Poe of Texas , Mr. Gohmert , Mr. Arrington , Mr. Aderholt , Mr. Burgess , Mr. Massie , Mr. Zeldin , Mr. Lance , Mr. Duncan of Tennessee , Mr. Duncan of South Carolina , Mr. Bridenstine , Mr. Yoho , Mr. Olson , Mr. Franks of Arizona , Mr. Bishop of Utah , Mrs. Wagner , Mr. Long , Mr. Hultgren , Mr. Graves of Missouri , Mr. Luetkemeyer , Mr. Conaway , Mr. Turner , Mr. Diaz-Balart , Mr. Harper , Mr. McClintock , Mr. Williams , and Mr. Smith of Texas ) 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 of 2017 . 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Subtitle B of the Internal Revenue Code of 1986 (relating to estate, gift, and generation-skipping taxes) is hereby repealed.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.