About the bill
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 before it is allowed to be bequeathed to children or other heirs.
Hillary Clinton is calling for that tax to be broadened to encompass more estates and for tax rates ...
Sponsor and status
Sponsor. Representative for Michigan's 9th congressional district. Democrat.
Last Updated: Apr 20, 2016
Length: 4 pages
Apr 20, 2016
114th Congress, 2015–2017
Died in a previous Congress
This bill was introduced on April 20, 2016, in a previous session of Congress, but was not enacted.
Apr 20, 2016
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
H.R. 4996 (114th) 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 114th Congress, which met from Jan 6, 2015 to Jan 3, 2017. Legislation not enacted by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
Civic Impulse. (2017). H.R. 4996 — 114th Congress: Sensible Estate Tax Act of 2016. Retrieved from https://www.govtrack.us/congress/bills/114/hr4996
“H.R. 4996 — 114th Congress: Sensible Estate Tax Act of 2016.” www.GovTrack.us. 2016. December 15, 2017 <https://www.govtrack.us/congress/bills/114/hr4996>
|title=H.R. 4996 (114th)
|accessdate=December 15, 2017
|author=114th Congress (2016)
|date=April 20, 2016
|quote=Sensible Estate Tax Act of 2016
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.