H.R.1568 To amend the Internal Revenue Code of 1986 to permanently reduce estate and gift tax rates to 30 percent, to increase the exclusion equivalent of the unified credit to $10,000,000, and to increase the annual gift tax exclusion to $50,000. Latest Actions tag:opencongress.org,2005-04-11:/bill_feed/109-h1568 2005-04-12T00:00:00Z opencongress.org Introduced tag:opencongress.org,2005-04-12:/action/75435 2005-04-12T00:00:00Z <p>Introduced on Apr 12, 2005.</p><p> Bill Sponsor: <a href="http://www.opencongress.org/person/show/400236_james_leach">James Leach</a><br /> </p> Action tag:opencongress.org,2005-04-12:/action/75436 2005-04-12T00:00:00Z <p>Apr 12, 2005: Referred to the House Committee on Ways and Means. </p><p> Bill Sponsor: <a href="http://www.opencongress.org/person/show/400236_james_leach">James Leach</a><br /> </p>