Amends the Internal Revenue Code to allow estates required to file estate tax returns before July 13, 1978, to elect the alternate valuation of certain farm and other real property within 90 days after the date of the enactment of this Act.
Applies the provisions of this Act to estates of decedents dying after December 31, 1976.
Committee on Finance requested executive comment from OMB; Treasury Department; Agriculture Department.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Referred to Subcommittee on Select Revenue Measures.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line