HR 1583 · 105th Congress · Taxation

Family Business Preservation Act

Introduced 1997-05-13· Sponsored by Rep. Hooley, Darlene [D-OR-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR E913-914)(1997-05-14)

Plain Language Summary

[AI summary unavailable — showing source text] Family Business Preservation Act - Amends the Internal Revenue Code to exclude from the gross value of an estate, for purposes of the estate tax, specified portions of the value of a qualified family-owned business.…

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

Cosponsors (20)

18 Democrats2 Republicans
Rep. Cooksey, John [R-LA-5]LA
Rep. Price, David E. [D-NC-4]NC
Rep. Stump, Bob [R-AZ-3]AZ
Rep. Edwards, Chet [D-TX-11]TX
Rep. Sandlin, Max [D-TX-1]TX
Rep. Delahunt, William D. [D-MA-10]MA
Rep. Cramer, Robert E. (Bud), Jr. [D-AL-5]AL
Rep. Lampson, Nick [D-TX-9]TX
Rep. Stabenow, Debbie [D-MI-8]MI
Rep. Boswell, Leonard L. [D-IA-3]IA
Rep. Pomeroy, Earl [D-ND-At Large]ND
Rep. Furse, Elizabeth [D-OR-1]OR
Rep. Filner, Bob [D-CA-50]CA
Rep. Snyder, Vic [D-AR-2]AR
Rep. DeFazio, Peter A. [D-OR-4]OR
Rep. Lowey, Nita M. [D-NY-18]NY
Rep. Deutsch, Peter [D-FL-20]FL
Rep. Dooley, Calvin M. [D-CA-20]CA
Rep. Johnson, Jay W. [D-WI-8]WI
Rep. DeGette, Diana [D-CO-1]CO