US SB205 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 38-0)
Status: Introduced on January 24 2017 - 25% progression, died in committee
Action: 2017-01-24 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 24 2017 - 25% progression, died in committee
Action: 2017-01-24 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Death Tax Repeal Act of 2017 7 This bill 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 the lifetime gift tax exemption. The bill also provides for an inflation adjustment to such exemption amount.
Title
Death Tax Repeal Act of 2017
Sponsors
| Sen. John Thune [R-SD] | Sen. Lamar Alexander [R-TN] | Sen. John Barrasso [R-WY] | Sen. Roy Blunt [R-MO] |
| Sen. John Boozman [R-AR] | Sen. Thad Cochran [R-MS] | Sen. John Cornyn [R-TX] | Sen. Mike Crapo [R-ID] |
| Sen. Ted Cruz [R-TX] | Sen. Steve Daines [R-MT] | Sen. Michael Enzi [R-WY] | Sen. Joni Ernst [R-IA] |
| Sen. Deb Fischer [R-NE] | Sen. Cory Gardner [R-CO] | Sen. Chuck Grassley [R-IA] | Sen. Dean Heller [R-NV] |
| Sen. John Hoeven [R-ND] | Sen. James Inhofe [R-OK] | Sen. Johnny Isakson [R-GA] | Sen. Mike Lee [R-UT] |
| Sen. Mitch McConnell [R-KY] | Sen. Jerry Moran [R-KS] | Sen. Pat Roberts [R-KS] | Sen. Mike Rounds [R-SD] |
| Sen. Tim Scott [R-SC] | Sen. Richard Shelby [R-AL] | Sen. Thom Tillis [R-NC] | Sen. Jeff Flake [R-AZ] |
| Sen. David Perdue [R-GA] | Sen. James Risch [R-ID] | Sen. Roger Wicker [R-MS] | Sen. Todd Young [R-IN] |
| Sen. Luther Strange [R-AL] | Sen. Marco Rubio [R-FL] | Sen. Tom Cotton [R-AR] | Sen. Ron Johnson [R-WI] |
| Sen. John Kennedy [R-LA] | Sen. Cindy Hyde-Smith [R-MS] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-01-24 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB30 (Related) 2017-01-03 - Referred to the House Committee on Ways and Means.
HB198 (Related) 2017-01-03 - Referred to the House Committee on Ways and Means.
HB631 (Related) 2017-01-24 - Referred to the House Committee on Ways and Means.
HB5422 (Related) 2018-03-29 - Referred to the House Committee on Ways and Means.
HB198 (Related) 2017-01-03 - Referred to the House Committee on Ways and Means.
HB631 (Related) 2017-01-24 - Referred to the House Committee on Ways and Means.
HB5422 (Related) 2018-03-29 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/205/all-info |
| Text | https://www.congress.gov/115/bills/s205/BILLS-115s205is.pdf |
