Death Tax Repeal Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 47
- Latest action
- Feb 13, 2025
What it does
The Death Tax Repeal Act of 2025 would repeal the federal estate tax and generation-skipping transfer tax for estates of decedents dying and transfers occurring on or after the date of enactment. It would also modify the gift tax by increasing the lifetime gift exemption to $10 million (adjusted for inflation) and revising the gift tax rate schedule and trust treatment rules. These changes would affect individuals making large gifts or transferring wealth at death, eliminating federal taxation on such transfers after enactment while adjusting gift tax provisions to reflect the repeal.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.