U.S. Congress - H.R.4015 Family Farm and Small Business Tax Relief Act of 2009
H.R.4015 - Family Farm and Small Business Tax Relief Act of 2009
To amend the Internal Revenue Code of 1986 to extend certain estate tax provisions and restore and increase the estate tax deduction for certain family-owned business interests. view all titles (2)
All Bill Titles
- Official: To amend the Internal Revenue Code of 1986 to extend certain estate tax provisions and restore and increase the estate tax deduction for certain family-owned business interests. as introduced.
- Short: Family Farm and Small Business Tax Relief Act of 2009 as introduced.
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Official Summary
11/4/2009--Introduced.Family Farm and Small Business Tax Relief Act of 2009 - Extends the estate and gift tax rates in effect in 2009 by eliminating the general terminating date (i.e., December 31, 2010) in the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) applicable tOfficial Summary
11/4/2009--Introduced.Family Farm and Small Business Tax Relief Act of 2009 - Extends the estate and gift tax rates in effect in 2009 by eliminating the general terminating date (i.e., December 31, 2010) in the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) applicable to such rates. Amends the Internal Revenue Code to:(1) establish a permanent $3.5 million estate tax exclusion (adjusted for inflation) and a maximum estate and gift tax rate of 45% after 2010;
(2) restore after 2010 the estate tax deduction for family-owned business interests and increase the amount of such deduction to $8 million (adjusted annually for inflation); and
(3) exclude from the gross estate of a decedent the value of farmland used as a farm for farming purposes.
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Government Grants asap – Veterans | Air Carolina Upstate
One of the bills include the act providing jobs for veterans, or the H.R. 4015…” This particular bill helps reform the VETS or the Veterans Employment and Training Service that is part of the US Department of Labor. ...
CRS: Estate Tax Legislation in 111th Congress
The estate tax provisions of HR 4015 would take effect in 2011. That means that HR 4015 would permit the estate tax to lapse as scheduled for 2010 under EGTRRA. It would then reinstate the estate tax in 2011, with an applicable ...
Government Grants asap – Veterans – Seek a Job | seekajobs.co.cc
One of the bills include the act providing jobs for veterans, or the H.R. 4015…” This particular bill helps reform the VETS or the Veterans Employment and Training Service that is part of the US Department of Labor. ...
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