H.R. 4996: Sensible Estate Tax Act of 2016

Few issues highlight the economic differences between Hillary Clinton and Donald Trump like the estate tax. An estate is everything a person owns at their time of death. Under current law, any estate for an individual worth at least $5.45 million — or for a couple worth at least $10.9 million — gets taxed at a maximum 40 percent rate ...

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Overview

Introduced:

Apr 20, 2016

Status:

Referred to Committee on Apr 20, 2016

This bill was assigned to a congressional committee on April 20, 2016, which will consider it before possibly sending it on to the House or Senate as a whole.

Sponsor:

Sander Levin

Representative for Michigan's 9th congressional district

Democrat

Text:

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Last Updated: Apr 20, 2016
Length: 4 pages

Prognosis:

1% chance of being enacted according to PredictGov (details)

History

Apr 20, 2016
 
Introduced

This is the first step in the legislative process.

 
Reported by Committee

 
Passed House

 
Passed Senate

 
Signed by the President

H.R. 4996 is 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.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 4996 — 114th Congress: Sensible Estate Tax Act of 2016.” www.GovTrack.us. 2016. December 6, 2016 <https://www.govtrack.us/congress/bills/114/hr4996>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.