Death Tax Elimination Act

Death Tax Elimination Act - Amends the Internal Revenue Code to repeal subtitle B (Estate and Gift Taxes) of the Internal Revenue Code.

[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1466 Introduced in House (IH)]







106th CONGRESS
  1st Session
                                H. R. 1466

To amend the Internal Revenue Code of 1986 to repeal estate, gift, and 
                  generation-skipping transfer taxes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 15, 1999

 Mr. Sandlin  introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to repeal estate, gift, and 
                  generation-skipping transfer taxes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Death Tax Elimination Act''.

SEC. 2. REPEAL OF ESTATE, GIFT, AND GENERATION-SKIPPING TRANSFER TAXES.

    (a) Repeal of Estate, Gift, and Generation-Skipping Transfer 
Taxes.--Subtitle B of the Internal Revenue Code of 1986 is hereby 
repealed.
    (b) Effective Date.--The repeal made by subsection (a) shall apply 
to the estates of decedents dying, and gifts and generation-skipping 
transfers made, after December 31, 1998.
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