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H.R.4235 Add to

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Estate Tax Reduction Act of 2007

To amend the Internal Revenue Code of 1986 to restore the estate tax, to repeal the carryover basis rule, to reduce estate tax rates by 20 percent, to increase the unified credit against estate and gift taxes to the equivalent of a $3,000,000 exclusion and to provide an inflation adjustment of such amount, and for other purposes.

Other Bill Titles (2 more)

11/15/2007--Introduced.
Estate Tax Reduction Act of 2007 - Repeals provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 that eliminate the estate and generation-skipping transfer taxes and the basis rules for property acquired from a decedent after December 31, 2... moreSee Full Bill Text

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IntroducedresultVoted on by HouseresultVoted on by SenateresultConsidered By PresidentresultBill Becomes Law
November 15, 2007
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November 14, 2007 Bill Action: Introduced: HR 4235: To amend the Internal Revenue ...

Nita Lowey [D-NY] introduced HR 4235: To amend the Internal Revenue Code of 1986 to restore the estate tax, to repeal the carryover basis rule, to reduce estate tax rates by 20 percent, to increase the unified credit against estate and ...

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