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S. 860

Referred to Committee

Death Tax Repeal Act of 2015

Introduced 3/25/2015•114th Congress•Senate

Latest Action

Read twice and referred to the Committee on Finance.

3/25/2015 • Senate

Summary

Death Tax Repeal Act of 2015

Amends the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. Provides for an inflation adjustment to such exemption amount.

Introduced in Senate • 3/25/2015

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Topics & Subjects

Policy Area: Taxation
Inflation and pricesTransfer and inheritance taxes

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (41)

Party Breakdown

0
Democrats
41
Republicans
0
Independents

Sponsor

S[
Sen. Thune, John [R-SD]

Republican • SD

Sponsored 3/25/2015

Cosponsors (40)

S[
Sen. McConnell, Mitch [R-KY]

R-KY

Joined 3/25/2015

S[
Sen. Cornyn, John [R-TX]

R-TX

Joined 3/25/2015

S[
Sen. Cruz, Ted [R-TX]

R-TX

Joined 3/25/2015

S[
Sen. Vitter, David [R-LA]

R-LA

Joined 3/25/2015

S[
Sen. Coats, Daniel [R-IN]

R-IN

Joined 3/25/2015

S[
Sen. Rubio, Marco [R-FL]

R-FL

Joined 3/25/2015

Bill Journey

Originated in the Senate

Introduced

March 25, 2015

Read twice and referred to the Committee on Finance.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate3/25/2015

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors40