HR 1110 · 103th Congress · Taxation

To amend the Internal Revenue Code of 1986 to increase the unified estate and gift tax credit to an amount equivalent to a $1,200,000 exemption.

Introduced 1993-02-24· Sponsored by Rep. Livingston, Bob [R-LA-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1993-02-24)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to: (1) increase the unified credit against the estate tax and the unified credit against the gift tax; and (2) require an estate tax return in cases where the gross estate exceeds $1.2 million (currently $600,000).…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

2 Democrats18 Republicans