S. 1183 · 113th Congress
Death Tax Repeal Act of 2013
- Stage
- In committee
- Sponsor
- John Thune
- Introduced
- 2013-06-19
- Latest action
- 2013-06-19 · Introduced in Senate
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.