H.R. 642 (104th): To amend the Internal Revenue Code of 1986 to increase the unified credit against estate and gift taxes to an amount equivalent to a $1,000,000 exclusion.

Introduced:

Jan 23, 1995
104th Congress, 1995–1996

Status:
Died in a previous Congress

This bill was introduced on January 23, 1995, in a previous session of Congress, but was not enacted.

Sponsor:

Robert Stump

Representative for Arizona's 3rd congressional district

Republican

Text:

Read Text »
Last Updated: Jan 23, 1995
Length: 2 pages

About the bill

Summary (CRS)
1/23/1995--Introduced.Amends the Internal Revenue Code to increase the unified credit against estate tax and gift tax. Revises the formula for the phase-out of graduated rates and the unified credit. Requires ... Read more >
Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 348 (105th) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Jan 7, 1997

What is a bill?

The “H.R.” in “H.R. 642” means this is a House of Representatives bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

The bill’s title was written by its sponsor.

History

Introduced
Jan 23, 1995

Details

Cosponsors
none
Committee Assignments

The committee chair determines whether a bill will move past the committee stage.

Votes

There have been no votes related to this bill.

Subject Areas
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Primary Source

THOMAS.gov (The Library of Congress)

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