S 1956 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to lower the percentage requirements of stock in a decedent's estate in order to qualify for section 303 treatment.

Introduced 1977-07-28· Sponsored by Sen. Curtis, Carl T. [R-NE]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1977-07-28)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to reduce the proportion of an estate which must constitute stock in a corporation in order to qualify redemptions of such stock to pay death taxes and expenses for capital gains treatment.…

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