H.R. 1437 (107th): Estate Tax Relief Act of 2001

Introduced:
Apr 04, 2001 (107th Congress, 2001–2002)
Sponsor:
Rep. Michael “Mac” Collins [R-GA3]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


4/4/2001--Introduced.
Estate Tax Relief Act of 2001 - Amends the Internal Revenue Code to: (1) reduce the maximum estate and gift tax rate to 45 percent; (2) replace the unified credit against the estate and gift taxes with a unified exemption amount of $10 million; and (3) increase from $10,000 to $50,000 the annual gift exclusion amount.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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