Amends the Internal Revenue Code to exclude from the estate tax, life insurance benefits to the extent that the beneficiary paid the premiums on the policy. Treats premiums paid by the decedent as paid by the beneficiary where the beneficiary is the surviving spouse.
Introduced in House
Introduced in House
Referred to 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