Federal RuleAug 21
62
DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
114-hr-3508114th Congress
American Solution for Simplifying the Estate Tax Act of 2015
Sponsored By: Representative Harris, Andy [R-MD-1]
Unknown
Summary
American Solution for Simplifying the Estate Tax Act of 2015 This bill amends the Internal Revenue Code to: (1) allow taxpayers an election to make annual payments of 1% of their modified adjusted gross income for a minimum seven-year period in lieu of existing estate and generation-skipping transfer taxes, (2) allow a step-up in basis for estate property of a taxpayer making an election under this Act, and (3) set forth requirements for the filing of an estate tax return by taxpayers who have made an election under this Act.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Harris, Andy [R-MD-1]
MD • R
Cosponsors
Rep. Mooney, Alexander X. [R-WV-2]
WV • R
Sponsored 9/15/2015
Rep. Beyer, Donald S. [D-VA-8]
VA • D
Sponsored 9/15/2015
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov