HR 531 · 105th Congress · Taxation
To amend the Internal Revenue Code of 1986 to limit the applicability of the generation-skipping transfer tax.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1997-02-04)
Plain Language Summary
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Amends the Internal Revenue Code to provide a special rule for a person whose parent is deceased 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 (9)
5 Democrats4 Republicans