Permanently Repeal the Estate Tax Act of 2019

Bill: 116-hr-521
Sponsor: full_name: Rep. Latta, Robert E. [R-OH-5]
Introduced: 2019-01-11
Policy area: Taxation
Subjects: Transfer and inheritance taxes
Latest action: action_date: 2019-01-11
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2019-01-11
action_desc: Introduced in House
text: <p><strong>Permanently Repeal the Estate Tax Act of 201</strong><b>9</b></p> <p>This bill repeals the federal estate tax, effective for estates of decedents dying after December 31, 2018.</p>

tv_txt: I 116th CONGRESS 1st Session H. R. 521 IN THE HOUSE OF REPRESENTATIVES January 11, 2019 Mr. Latta (for himself, Mr. Long , Mr. Gosar , Mr. Hice of Georgia , Mr. DesJarlais , Mr. LaMalfa , Mr. Gibbs , Mr. King of Iowa , and Mr. Arrington ) 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 2019 . 2. Repeal of estate tax and retention of basis step-up Effective for estates of decedents dying after December 31, 2018, chapter 11 of the Internal Revenue Code of 1986 is repealed.