S 2520 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to increase the amount of the unified credit allowed against estate tax and gift tax.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1980-04-02)
Plain Language Summary
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Amends the Internal Revenue Code to increase the unified tax credit allowed against the estate tax and the gift tax from $47,000 to $192,800.…
Summarized by Claude AI · Non-partisan · For informational purposes only