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.

Overview

Introduced:

Jun 16, 2003
108th Congress, 2003–2004

Status:
Died in a previous Congress

This bill was introduced on June 16, 2003, in a previous session of Congress, but was not enacted.

Sponsor:

James “Jim” Leach

Representative for Iowa's 2nd congressional district

Republican

Text:

Read Text »
Last Updated: Jun 16, 2003
Length: 6 pages

History

Jun 16, 2003
 
Introduced

This is the first step in the legislative process.

H.R. 2480 (108th) was a 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.

This bill was introduced in the 108th Congress, which met from Jan 7, 2003 to Dec 9, 2004. Legislation not enacted by the end of a Congress is cleared from the books.

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“H.R. 2480 — 108th Congress: To amend the Internal Revenue Code of 1986 to reduce estate and gift tax rates ...” www.GovTrack.us. 2003. December 2, 2016 <https://www.govtrack.us/congress/bills/108/hr2480>

Where is this information from?

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