S 3080 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide for the annual imposition and payment of the gift tax.

Introduced 1980-09-03· Sponsored by Sen. Byrd, Harry F., Jr. [I-VA]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1980-09-03)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to require determination of gift tax liability on a calendar year, rather than quarterly, basis. Applies the return requirement on a calendar year, rather than quarterly, basis.…

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