H.R. 6279 (112th): Death Tax Repeal Act

112th Congress, 2011–2013. Text as of Aug 02, 2012 (Introduced).

Status & Summary | PDF | Source: GPO

HR 6279 IH

112th CONGRESS

2d Session

H. R. 6279

To repeal the Federal estate and gift taxes.

IN THE HOUSE OF REPRESENTATIVES

August 2, 2012

Mr. GRIFFIN of Arkansas introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To repeal the Federal estate and gift taxes.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ‘Death Tax Repeal Act’.

SEC. 2. REPEAL OF ESTATE AND GIFT TAXES.

    (a) In General- Subtitle B of the Internal Revenue Code of 1986 (relating to estate, gift, and generation-skipping taxes) is hereby repealed.

    (b) Effective Date- The repeal made by subsection (a) shall apply to estates of decedents dying, gifts made, and generation-skipping transfers made after the date of the enactment of this Act.