S 3140 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide rules for Federal estate taxation more equitable than those presently in effect.

Introduced 1976-03-15· Sponsored by Sen. Nelson, Gaylord [D-WI]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1976-03-15)

Plain Language Summary

[AI summary unavailable — showing source text] Allows a general estate tax credit of $30,000 under the Internal Revenue Code. Requires the filing of a Federal estate tax return where the value of the gross estate exceeds $131,000.…

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

Cosponsors (1)

1 Republican