H.R. 759 — To amend the Internal Revenue Code of 1986 to increase the unified credit to an exclusion equivalent of $5,000,000.

Summary

Amends the Internal Revenue Code to: (1) increase the unified estate and gift tax credit to $5 million; and (2) repeal the estate and gift tax family-owned business interests provision.

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Legislative Actions

2001-02-14
Sponsor introductory remarks on measure. (CR H366-367)
2001-02-27
Introduced in House
2001-02-27
Introduced in House
2001-02-27
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to increase the unified credit to an exclusion equivalent of $5,000,000.

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