HR 759 · 107th Congress · Taxation
To amend the Internal Revenue Code of 1986 to increase the unified credit to an exclusion equivalent of $5,000,000.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2001-02-27)
Plain Language Summary
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Amends the Internal Revenue Code to: (1) increase the unified estate and gift tax credit to $5 million; and (2) repeal the estate and gift tax family-owned business interests provision.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
4 Democrats