Congress: 106th

Sponsor: Representative Peterson, Collin C. (04/13/2000)

Committees: House - Ways and Means

Description: To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $2,500,000 and to reduce the rate of the estate and gifts taxes to the generally applicable capital gains income tax rate.

Lastest Action: 04/13/2000 Referred to the House Committee on Ways and Means.  (All Actions)

Official: H.R.4324 -- 106th Congress