H.R. 4112 — To amend the Internal Revenue Code of 1986 to increase the unified credit against estate and gift taxes to an exclusion equivalent of $10,000,000 and to provide for an inflation adjustment of such amount. | PoliFocus
H.R. 4112106th Congress
To amend the Internal Revenue Code of 1986 to increase the unified credit against estate and gift taxes to an exclusion equivalent of $10,000,000 and to provide for an inflation adjustment of such amount.
Amends the Internal Revenue Code to phase-in an increase in the unified credit against estate and gift taxes to an exclusion amount of $10 million for calendar year 2003 and following years. Provides for an inflation adjustment to such exclusion.
Full Text
Legislative Actions
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Ask about this bill
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.