To amend the Internal Revenue Code of 1986 to increase the exclusion equivalent of the unified credit allowed against the estate tax to $7,500,000 and to establish a flat estate tax rate.

36938 1113278400

false

1113278400 1560

272

109

400138

<br/>4/12/2005--Introduced.<br/>Amends the Internal Revenue Code to: (1) increase the estate tax exclusion to $7.5 million; and (2) establish a single estate tax rate of 27.5 percent.<br/>Repeals certain provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) relating to estate, gift, and generation-skpping transfer taxes.

introduced

36938

'7':24 '000':26 '500':25 'tax':22,33 '1986':8 'code':6 'flat':31 'rate':34 'allow':18 'amend':2 'estat':21,32 'unifi':16 'credit':17 'exclus':12 'intern':4 'revenu':5 'equival':13 'increas':10 'establish':29

34835

To amend the Internal Revenue Code of 1986 to increase the exclusion equivalent of the unified credit allowed against the estate tax to $7,500,000 and to establish a flat estate tax rate.

official

introduced

36938

1113278400 Tue Apr 12 00:00:00 -0500 2005 75414

F000262 1970-05-11

Harold

'ford':2,4,6 'harold':1,3,5

M 400138 Ford

Harold_E._Jr.Ford

E. Harold Ford N00003218

204

Democrat Baptist

Harold Ford

introduced

36938

1113278400 Tue Apr 12 00:00:00 -0500 2005 75414

action

36938

1113278400 Tue Apr 12 00:00:00 -0500 2005 75415

Referred to the House Committee on Ways and Means.