- Stage
- In committee
- Started in
- House
- Sponsors
- 184
- Latest action
- Feb 13, 2025
What it does
The Death Tax Repeal Act would repeals the federal estate tax and generation-skipping transfer tax for estates of decedents dying and transfers made on or after the date of enactment. It also amends the gift tax by setting a $10 million lifetime exemption (adjusted for inflation) and revising the gift tax rate schedule. The changes apply to estates, generation-skipping transfers, and gifts made on or after enactment, with a transition rule treating the enactment year as two separate calendar years for certain tax provisions.
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.
In the news
Reporting that may mention this subject. Possible matches are labeled.
Loading coverage…
Where it goes next
While a bill can still move, the questions are about people and money.