H. R. 521
IN THE HOUSE OF REPRESENTATIVES
January 11, 2019
Mr. Latta (for himself, Mr. Long, Mr. Gosar, Mr. Hice of Georgia, Mr. DesJarlais, Mr. LaMalfa, Mr. Gibbs, Mr. King of Iowa, and Mr. Arrington) introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to repeal the estate tax and retain stepped-up basis at death.
This Act may be cited as the
Permanently Repeal the Estate Tax Act of 2019.
Repeal of estate tax and retention of basis step-up
Effective for estates of decedents dying after December 31, 2018, chapter 11 of the Internal Revenue Code of 1986 is repealed.