h 20 45441 1185249600 false 1185336000 3170 365 110 412187

7/24/2007--Introduced.<br/>Capital Gains and Estate Tax Relief Act of 2007 - Makes permanent the reduction in capital gains tax rates (from 20 to 15%) enacted by the Jobs and Growth Tax Relief and Reconciliation Act of 2003.<br/>Amends the Internal Revenue Code to: (1) restore the unified credit against gift tax liability; (2) provide for annual increases in the estate tax exclusion amount between 2010 and 2015 and establish a permanent exclusion amount of $5 million for 2015 and thereafter; (3) provide for an inflation adjustment to the estate tax exclusion amount after 2015; (4) reduce estate tax rate brackets; and (5) allow a surviving spouse to use the unused unified estate tax credit of a deceased spouse.

1185336000 2007-07-25 Fri Nov 07 00:25:44 -0600 2008 introduced 45441 'tax':7 'gain':11 'make':2 'rate':8 'capit':10 'incom':6 'perman':3 'purpos':15 'individu':5 48688 official introduced 45441 'act':7 'tax':5 '2007':9 'gain':2 'capit':1 'estat':4 'relief':6 51563 short action 45441 1185336000 Wed Jul 25 00:00:00 -0500 2007 125265 Sponsor introductory remarks on measure. (CR E1618) M001167 1940-07-18 3014 2434 Rayburn House Office Building http://mitchell.house.gov/contact/ 5 Harry 'd':4 '-5':6 'az':5 'rep':1 'harri':2,7,9 'mitchel':3,8,10 M 412187 Mitchell Harry_Mitchell E. Rep. Harry Mitchell [D, AZ-5] 1313 N00028162 7421 Democrat 202-225-2190 AZ Harry Mitchell 4.0 http://mitchell.house.gov/ A000014 1938-06-26 4134 1502 Longworth House Office Building http://www.house.gov/abercrombie/e_form.shtml 1 202-225-4580 Neil 'd':4 '-1':6 'hi':5 'rep':1 'neil':2,7,9 'abercrombi':3,8,10 M 400001 Abercrombie Neil_Abercrombie Rep. Neil Abercrombie [D, HI-1] 2230 N00007665 9538 Democrat 202-225-2726 HI Neil Abercrombie 1.5 http://www.house.gov/abercrombie/ S001144 1945-10-18 2523 Christopher 'shay':2,4,6 'christoph':1,3,5 M 400370 Shays Christopher_Shays H. Christopher Shays 1680 N00000652 5489 Republican Christian Scientist Christopher Shays action 45441 1185336000 Wed Jul 25 00:00:00 -0500 2007 125265 Sponsor introductory remarks on measure. (CR E1618) introduced 45441 1185249600 Tue Jul 24 00:00:00 -0500 2007 123812 action 45441 1185249600 Tue Jul 24 00:00:00 -0500 2007 123813 Referred to the House Committee on Ways and Means.