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US HR222

US HR222
Death Tax Repeal Act of 2019


summary

Introduced
01/03/2019
In Committee
01/03/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To repeal the Federal estate and gift taxes. This bill repeals the federal estate, gift, and generation-skipping transfer taxes.

AI Summary

This bill, the Death Tax Repeal Act of 2019, proposes to repeal the federal estate, gift, and generation-skipping transfer taxes. These taxes, often referred to as the "death tax," are levied on the transfer of property from an individual upon their death. The bill would eliminate these taxes, making it easier for individuals to pass on their wealth to their heirs without incurring additional tax obligations.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Referred to the House Committee on Ways and Means. (on 01/03/2019)

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