A bill to amend the Internal Revenue Code of 1954 to increase the unified credit against estate and gift taxes.
Family Estate Tax Act of 1981 - Amends the Internal Revenue Code to increase the unified credit against estate and gift taxes from $47,000 to $75,000. Increases from $175,000 to $260,000 the minimum gross estate required for the filing of an estate tax return.
Became Public Law No: 97-34.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
See H.R.4242.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line