H. R. 822
IN THE HOUSE OF REPRESENTATIVES
February 4, 2021
Mr. Latta (for himself, Mr. Long, and Mr. Gibbs) 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 2021.
Repeal of estate tax and retention of basis step-up
Effective for estates of decedents dying after December 31, 2020, chapter 11 of the Internal Revenue Code of 1986 is repealed.