HR 5129 · 106th Congress · Taxation
To amend the Internal Revenue Code of 1986 to increase the unified credit against estate and gift taxes to the equivalent of a $5,000,000 exclusion and to provide an inflation adjustment of such amount.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2000-09-07)
Plain Language Summary
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Amends the Internal Revenue Code to: (1) increase the unified estate and gift tax credit to $5,000,000; and (2) index such amount for inflation.…
Summarized by Claude AI · Non-partisan · For informational purposes only