HR 7749 · 96th Congress · Taxation

Estate and Gift Tax Act of 1980

Introduced 1980-07-02· Sponsored by Rep. Roth, Toby [R-WI-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1980-07-02)

Plain Language Summary

[AI summary unavailable — showing source text] Estate and Gift Tax Act of 1980 - Amends the Internal Revenue Code to: (1) increase from $47,000 to $155,800 the unified credit against the estate and gift tax; and (2) increase from $3,000 to $6,000 the gift tax exclusion.…

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

Cosponsors (20)

2 Democrats18 Republicans