H.R. 2480 (108th): To amend the Internal Revenue Code of 1986 to reduce estate and gift tax rates to 30 percent, to increase the exclusion equivalent of the unified credit to $10,000,000, and to increase the annual gift tax exclusion to $50,000.
Jun 16, 2003
108th Congress, 2003–2004
Died in a previous Congress
This bill was introduced on June 16, 2003, in a previous session of Congress, but was not enacted.
James “Jim” Leach
Representative for Iowa's 2nd congressional district
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Last Updated: Jun 16, 2003
Length: 6 pages
About the bill
- Summary (CRS)
- 6/16/2003--Introduced.Amends the Internal Revenue Code to: (1) reduce estate and gift tax rates to 30 percent; (2) increase the exclusion equivalent of the unified credit to $10 million; and (3) ...
Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.
Referred to Committee
Last Action: Feb 8, 2001
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Civic Impulse. (2015). H.R. 2480 — 108th Congress: To amend the Internal Revenue Code of 1986 to reduce estate and gift tax rates .... Retrieved from https://www.govtrack.us/congress/bills/108/hr2480
“H.R. 2480 — 108th Congress: To amend the Internal Revenue Code of 1986 to reduce estate and gift tax rates ....” www.GovTrack.us. 2003. March 3, 2015 <https://www.govtrack.us/congress/bills/108/hr2480>
|title=H.R. 2480 (108th)
|accessdate=March 3, 2015
|author=108th Congress (2003)
|date=June 16, 2003
|quote=To amend the Internal Revenue Code of 1986 to reduce estate and gift tax rates ...