To amend the Internal Revenue Code of 1986 and the Economic Growth and Tax Relief Reconciliation Act of 2001 to restore the estate tax and repeal the carryover basis rule and to increase the estate tax unified credit to an exclusion equivalent of $3,500,000.

47551 1195016400

false

1195016400

4172

349

110

400282

11/14/2007--Introduced.<br/>Amends the Internal Revenue Code to: (1) restore the tax on estates and generation-skipping transfers; (2) repeal the termination of provisions allowing a step-up in basis for property transferred by a decedent; and (3) increase the estate tax exclusion amount to $3.5 million, with an annual inflation adjustment to such amount beginning in 2008.<br/>

1195016400

2007-11-14

Fri Nov 07 02:51:32 -0600 2008

introduced

47551

'3':44 '000':46 '500':45 'act':17 'tax':14,24,36 '1986':8 '2001':19 'basi':29 'code':6 'rule':30 'amend':2 'estat':23,35 'unifi':37 'credit':38 'econom':11 'exclus':41 'growth':12 'intern':4 'relief':15 'repeal':26 'restor':21 'revenu':5 'carryov':28 'equival':42 'increas':33 'reconcili':16

55045

false

To amend the Internal Revenue Code of 1986 and the Economic Growth and Tax Relief Reconciliation Act of 2001 to restore the estate tax and repeal the carryover basis rule and to increase the estate tax unified credit to an exclusion equivalent of $3,500,000.

official

introduced

47551

1195016400 Wed Nov 14 00:00:00 -0600 2007 138555

M001140 1945-11-08

3209

1727 Longworth House Office Building

http://www.moore.house.gov/contact/index.shtml

3 202-225-2807 Dennis

'd':4 '-3':6 'ks':5 'rep':1 'moor':3,8,10 'denni':2,7,9

M 400282 Moore

Dennis_Moore

Rep. Dennis Moore [D, KS-3]

1411

N00005233

7277

Democrat 202-225-2865 Protestant KS

Rep.

Dennis Moore

2.83333333333333

http://www.moore.house.gov/

RepMoore

B001229 1956-03-07

5010

2443 Rayburn House Office Building

http://www.house.gov/baird/IMA/email.shtml

3 202-225-3478 Brian

'd':4 '-3':6 'wa':5 'rep':1 'baird':3,8,10 'brian':2,7,9

M 400011 Baird

Brian_Baird

N. Rep. Brian Baird [D, WA-3]

2346

N00007936

8808

Democrat 202-225-3536 Protestant WA

Rep.

Brian Baird

2.0

http://www.house.gov/baird/

D000197 1957-07-29

3739

1527 Longworth House Office Building

http://www.house.gov/formdegette/zip_auth.htm

1 202-225-5657 Diana

'd':4 '-1':6 'co':5 'rep':1 'diana':2,7,9 'degett':3,8,10

F 400101 DeGette

Diana_DeGette

L. Rep. Diana DeGette [D, CO-1]

1945

N00006134

7794

Democrat 202-225-4431 Presbyterian CO

Rep.

Diana DeGette

3.47058823529412

http://www.house.gov/degette/index.shtml

ddegette

D000607

3514

1218 Longworth House Office Building

http://donnelly.house.gov/issue_subscribe.shtml

2 202-225-6798 Joe

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M 412205 Donnelly

Joe_Donnelly

Rep. Joe Donnelly [D, IN-2]

1369

N00026586

6737

Democrat 202-225-3915 IN

Rep.

Joe Donnelly

4.81818181818182

http://donnelly.house.gov/

introduced

47551

1195016400 Wed Nov 14 00:00:00 -0600 2007 138555

action

47551

1195016400 Wed Nov 14 00:00:00 -0600 2007 138556

Referred to the House Committee on Ways and Means.