HR 12368 · 94th 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 $200,000.

Introduced 1976-03-09· Sponsored by Rep. Quillen, James H. (Jimmy) [R-TN-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1976-03-09)

Plain Language Summary

[AI summary unavailable — showing source text] Increases the exemption for taxable estates under the Internal Revenue Code from $60,000 to $200,000 of the value of the gross estate.…

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