HR 5058 · 106th Congress · Taxation

To amend the Internal Revenue Code of 1986 to reduce the estate and gift tax rates to 30 percent and to increase the exclusion equivalent of the unified credit to $10,000,000.

Introduced 2000-07-27· Sponsored by Rep. Leach, James A. [R-IA-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2000-07-27)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to: (1) reduce the estate and gift tax rate to 30 percent; and (2) increase the unified credit exclusion to $10,000,000.…

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