H.R. 2429 · 113th Congress

Death Tax Repeal Act of 2013

Stage
In committee
Introduced
2013-06-19
Latest action
2013-06-19 · Introduced in House

Summary

Death Tax Repeal Act of 2013 - Amends the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and a $5 million lifetime gift tax exemption. Provides for an inflation adjustment to such exemption amount.