HR 2072 · 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 $120,000.

Introduced 1973-01-15· Sponsored by Rep. Matsunaga, Spark M. [D-HI-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-01-15)

Plain Language Summary

[AI summary unavailable — showing source text] Increases the exemption under the Internal Revenue Code for purposes of determining the value of the taxable estate for the Federal estate tax from $60,000 to $120,000. (Amends 26 U.S.C. 2052, 6018(a)(1))…

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