Amends the Internal Revenue Code to increase the unified tax credit for both estate and gift taxes from $47,000 to $155,800 over a five-year phase-in period from 1980 through 1984, with annual inflation adjustments.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line