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H.R.631 - Death Tax Repeal Act of 2017115th Congress (2017-2018) |

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Sponsor: Rep. Noem, Kristi L. [R-SD-At Large] (Introduced 01/24/2017)
Committees: House - Ways and Means
Latest Action: House - 01/24/2017 Referred to the House Committee on Ways and Means.  (All Actions)

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This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Became Law

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  • Constitutional Authority Statement
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Summary: H.R.631 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.631. Bill summaries are authored by CRS.

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Introduced in House (01/24/2017)

Death Tax Repeal Act of 2017

This bill 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. The bill provides for an inflation adjustment to such exemption amount.