HR 1099 · 104th Congress · Taxation

To amend the Internal Revenue Code of 1986 to limit the applicability of the generation-skipping transfer tax.

Introduced 1995-03-01· Sponsored by Rep. Houghton, Amo [R-NY-31]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Committee Hearings Held.(1995-07-12)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide a special rule for persons with a deceased parent for purposes of the generation-skipping transfer tax. Makes such rule inapplicable to an individual who is not a lineal descendant if there is a living lineal descendant.…

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

Cosponsors (20)

9 Democrats11 Republicans
Rep. Brewster, Bill K. [D-OK-3]OK
Rep. Shaw, E. Clay, Jr. [R-FL-22]FL
Rep. Jacobs, Andrew, Jr. [D-IN-10]IN
Rep. Smith, Lamar [R-TX-21]TX
Rep. Funderburk, David [R-NC-2]NC
Rep. McDermott, Jim [D-WA-7]WA
Rep. Matsui, Robert T. [D-CA-5]CA
Rep. Crane, Philip M. [R-IL-8]IL
Rep. Saxton, Jim [R-NJ-3]NJ
Rep. Crapo, Mike [R-ID-2]ID
Rep. Payne, Lewis F., Jr. [D-VA-5]VA
Rep. McCrery, Jim [R-LA-5]LA
Rep. Herger, Wally [R-CA-2]CA
Rep. Lewis, John [D-GA-5]GA
Rep. Ensign, John [R-NV-1]NV
Rep. Woolsey, Lynn C. [D-CA-6]CA
Rep. Neal, Richard E. [D-MA-2]MA
Rep. Camp, Dave [R-MI-4]MI
Rep. English, Phil [R-PA-21]PA
Rep. Gephardt, Richard A. [D-MO-3]MO