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H.R. 927 — Family Savings Rescue Act of 1999 | PoliFocus

H.R. 927106th Congress

Family Savings Rescue Act of 1999

To amend the Internal Revenue Code of 1986 to increase the annual exclusion from the gift tax to $20,000.

Sponsors

Rep. McInnis, Scott [R-CO-3]

17 cosponsors

Subjects

Taxation

Summary

Family Savings Rescue Act of 1999 - Amends the Internal Revenue Code to increase the annual exclusion from the gift tax from $10,000 to $20,000.

Full Text

Legislative Actions

1999-03-02
Introduced in House
1999-03-02
Introduced in House
1999-03-02
Referred to the House Committee on Ways and Means.

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