HR 1442 · 107th 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.

Introduced 2001-04-04· Sponsored by Rep. Deutsch, Peter [D-FL-20]· 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.(2001-04-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the unified credit against the estate and gift taxes to $5 million and to provide for an annual cost-of-living adjustment to such amount.…

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