S 3381 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 relating to estate taxes to provide that the election to use the alternate valuation date may be made on a return that is filed late.

Introduced 1978-08-07· Sponsored by Sen. Baker, Howard H., Jr. [R-TN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1978-08-07)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to permit the executor of an estate to use the alternate valuation date for estate assets (six months after decedent's death) even if the estate tax return is filed late.…

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

Cosponsors (1)

1 Democrat