HR 1437 · 107th Congress · Taxation

Estate Tax Relief Act of 2001

Introduced 2001-04-04· Sponsored by Rep. Collins, Mac [R-GA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: See H.R.1836.(2001-08-13)

Plain Language Summary

[AI summary unavailable — showing source text] Estate Tax Relief Act of 2001 - Amends the Internal Revenue Code to: (1) reduce the maximum estate and gift tax rate to 45 percent; (2) replace the unified credit against the estate and gift taxes with a unified exemption amount of $10 million; and (3) increase from $10,000 to $50,000 the annual gift exclusion amount.…

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

Cosponsors (3)

3 Republicans
Rep. Norwood, Charles W. [R-GA-10]GA
Rep. Deal, Nathan [R-GA-9]GA
Rep. Chambliss, Saxby [R-GA-8]GA