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H.R. 6228

Referred to Committee

To amend the Internal Revenue Code of 1986 to make permanent the increase in the estate and gift tax exemption made by Public Law 115-97.

Introduced 6/26/2018•115th Congress•House

Latest Action

Referred to the House Committee on Ways and Means.

6/26/2018 • House

Summary

This bill amends the Internal Revenue Code to make permanent the $10 million exemption amount for the estate and gift tax. (Under current law, the exemption amount has been temporarily increased from $5 million to $10 million for decedents dying or gifts made after December 31, 2017, and before January 1, 2026. The amount is indexed for inflation after 2011.)

Introduced in House • 6/26/2018

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Topics & Subjects

Policy Area: Taxation
Transfer 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 (1)

Sponsor

R[
Rep. Marchant, Kenny [R-TX-24]

Republican • TX-24

Sponsored 6/26/2018

No cosponsors yet

Cosponsors may be added as the bill moves through Congress

Bill Journey

Originated in the House

Introduced

June 26, 2018

Referred to the House Committee on Ways and Means.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House6/26/2018

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors0