HR 8015 · 96th Congress · Taxation

Family Estate Tax Act of 1980

Introduced 1980-08-25· Sponsored by Rep. LaFalce, John J. [D-NY-36]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1980-08-25)

Plain Language Summary

[AI summary unavailable — showing source text] Family Estate Tax Act of 1980 - Amends the Internal Revenue Code to: (1) increase from $47,000 to $75,000, without gradual phase-in, the unified credits against the estate and gift taxes; and (2) increase from $175,000 to $260,000 the minimum gross estate requiring filing of an estate tax return.…

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