HR 15246 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to increase the exemption for purposes of the Federal estate tax from $60,000 to $100,000.

Introduced 1974-06-06· Sponsored by Rep. O'Brien, George M. [R-IL-17]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-06-06)

Plain Language Summary

[AI summary unavailable — showing source text] Increases the estate tax exemption from $60,000 to $100,000, under the Internal Revenue Code. Provides that where there is a gross estate of less than $100,000, a return with respect to such estate need not be filed by the executor.…

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