HR 4324 · 106th Congress · Taxation
To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $2,500,000 and to reduce the rate of the estate and gifts taxes to the generally applicable capital gains income tax rate.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2000-04-13)
Plain Language Summary
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Amends the Internal Revenue Code to: (1) reduce the estate and gift tax rates; and (2) increase the estate and gift tax exclusion to $2.5 million.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (7)
2 Democrats5 Republicans