HR 2174 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to phase out the Federal estate and gift tax.

Introduced 1981-02-25· Sponsored by Rep. Watkins, Wes [D-OK-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-02-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to reduce by one third the Federal estate and gift taxes in 1982 and in 1983 and repeal such taxes after 1983. Repeals the tax on generation-skipping transfers after 1983.…

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