To amend the Internal Revenue Code of 1986 to provide that transfers of family-owned business interests shall be exempt from estate taxation.
Family Business Preservation Act of 1999 - Amends the Internal Revenue Code to exclude from estate taxes the adjusted value of a qualified family owned business.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line