# 119-s-587: Death Tax Repeal Act of 2025

119-s-587, Death Tax Repeal Act of 2025, is a 119th Congress bill sponsored by Sen. Thune, John [R-SD] (R-SD); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-587
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-587
- Congress: 119
- Title: Death Tax Repeal Act of 2025
- Status: introduced
- Introduced: 2025-02-13
- Sponsor: Sen. Thune, John [R-SD] (R-SD)
- Cosponsors: 46
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Repeal of the estate and generation-skipping transfer taxes.** This bill would eliminate those transfer taxes for decedents dying and GST transfers occurring after enactment and would overhaul the gift tax to raise the lifetime exemption and add a new tiered rate schedule. - Families and heirs: Heirs of people who die after enactment would no longer face the federal estate tax or the generation-skipping transfer tax. - Donors and trusts: The lifetime gift exemption would rise to $10 million, indexed for inflation, and gift tax rates would be rewritten into brackets that range from 18% up to 35% for the largest gifts. Trust transfers would be treated as taxable gifts unless the trust is wholly owned by the donor or the donor's spouse. - Implementation and timing: The changes would apply to gifts made and transfers occurring on or after enactment and include a transition rule that treats the calendar year of enactment as two separate periods for certain tax provisions.

## Cosponsors (46)

- Sen. Grassley, Chuck [R-IA] (R-IA), 2025-02-13T00:00:00.000Z
- Sen. Lankford, James [R-OK] (R-OK), 2025-02-13T00:00:00.000Z
- Sen. Hyde-Smith, Cindy [R-MS] (R-MS), 2025-02-13T00:00:00.000Z
- Sen. Hagerty, Bill [R-TN] (R-TN), 2025-02-13T00:00:00.000Z
- Sen. Daines, Steve [R-MT] (R-MT), 2025-02-13T00:00:00.000Z
- Sen. Tuberville, Tommy [R-AL] (R-AL), 2025-02-13T00:00:00.000Z
- Sen. Sheehy, Tim [R-MT] (R-MT), 2025-02-13T00:00:00.000Z
- Sen. Johnson, Ron [R-WI] (R-WI), 2025-02-13T00:00:00.000Z
- Rep. Mullin, Markwayne [R-OK-2] (R-OK), 2025-02-13T00:00:00.000Z
- Sen. Capito, Shelley Moore [R-WV] (R-WV), 2025-02-13T00:00:00.000Z
- Sen. Justice, James C. [R-WV] (R-WV), 2025-02-13T00:00:00.000Z
- Sen. Cornyn, John [R-TX] (R-TX), 2025-02-13T00:00:00.000Z
- Sen. Wicker, Roger F. [R-MS] (R-MS), 2025-02-13T00:00:00.000Z
- Sen. Scott, Tim [R-SC] (R-SC), 2025-02-13T00:00:00.000Z
- Sen. Blackburn, Marsha [R-TN] (R-TN), 2025-02-13T00:00:00.000Z
- Sen. Tillis, Thomas [R-NC] (R-NC), 2025-02-13T00:00:00.000Z
- Sen. Budd, Ted [R-NC] (R-NC), 2025-02-13T00:00:00.000Z
- Sen. Crapo, Mike [R-ID] (R-ID), 2025-02-13T00:00:00.000Z
- Sen. Hoeven, John [R-ND] (R-ND), 2025-02-13T00:00:00.000Z
- Sen. Barrasso, John [R-WY] (R-WY), 2025-02-13T00:00:00.000Z
- Sen. Risch, James E. [R-ID] (R-ID), 2025-02-13T00:00:00.000Z
- Sen. Boozman, John [R-AR] (R-AR), 2025-02-13T00:00:00.000Z
- Sen. Ernst, Joni [R-IA] (R-IA), 2025-02-13T00:00:00.000Z
- Sen. Moran, Jerry [R-KS] (R-KS), 2025-02-13T00:00:00.000Z
- Sen. Marshall, Roger [R-KS] (R-KS), 2025-02-13T00:00:00.000Z
- Sen. Cramer, Kevin [R-ND] (R-ND), 2025-02-13T00:00:00.000Z
- Sen. Ricketts, Pete [R-NE] (R-NE), 2025-02-13T00:00:00.000Z
- Sen. Scott, Rick [R-FL] (R-FL), 2025-02-13T00:00:00.000Z
- Sen. Kennedy, John [R-LA] (R-LA), 2025-02-13T00:00:00.000Z
- Sen. Rounds, Mike [R-SD] (R-SD), 2025-02-13T00:00:00.000Z
- Sen. Lummis, Cynthia M. [R-WY] (R-WY), 2025-02-13T00:00:00.000Z
- Sen. Fischer, Deb [R-NE] (R-NE), 2025-02-13T00:00:00.000Z
- Sen. Graham, Lindsey [R-SC] (R-SC), 2025-02-13T00:00:00.000Z
- Sen. McCormick, David [R-PA] (R-PA), 2025-02-13T00:00:00.000Z
- Sen. Britt, Katie Boyd [R-AL] (R-AL), 2025-02-13T00:00:00.000Z
- Sen. Young, Todd [R-IN] (R-IN), 2025-02-13T00:00:00.000Z
- Sen. Cotton, Tom [R-AR] (R-AR), 2025-02-13T00:00:00.000Z
- Sen. McConnell, Mitch [R-KY] (R-KY), 2025-02-13T00:00:00.000Z
- Sen. Banks, Jim [R-IN] (R-IN), 2025-02-13T00:00:00.000Z
- Sen. Curtis, John R. [R-UT] (R-UT), 2025-02-13T00:00:00.000Z
- Sen. Schmitt, Eric [R-MO] (R-MO), 2025-02-13T00:00:00.000Z
- Sen. Lee, Mike [R-UT] (R-UT), 2025-02-13T00:00:00.000Z
- Sen. Hawley, Josh [R-MO] (R-MO), 2025-02-13T00:00:00.000Z
- Sen. Cruz, Ted [R-TX] (R-TX), 2025-02-13T00:00:00.000Z
- Sen. Moreno, Bernie [R-OH] (R-OH), 2025-02-13T00:00:00.000Z
- Sen. Husted, Jon [R-OH] (R-OH), 2025-04-28T00:00:00.000Z

## Provisions PRIA read

- Estate tax repeal for decedents: benefit, high. If enacted, the bill would end the federal estate tax for people who die on or after the date of enactment. Executors, heirs, and beneficiaries of those estates would generally no longer owe the federal estate tax. There are limited exceptions for some Qualified Domestic Trust distributions describ…
- Repeal of generation-skipping tax: benefit, high. If enacted, the bill would end the generation-skipping transfer (GST) tax for transfers on or after the date of enactment. Trusts and donors who make transfers to skip a generation, like gifts to grandchildren, would no longer face the GST tax on those transfers after enactment.
- Major gift tax overhaul for donors: mixed, high. If enacted, the bill would rewrite how the gift tax is computed each year. The tax would equal a "tentative tax" on total taxable gifts minus a tentative tax on prior gifts, using a new bracket schedule starting at 18% up to $10,000 and rising to 35% on amounts over $500,000. It would set the lifet…

## Related bills

- 119-s-1071: National Defense Authorization Act for Fiscal Year 2026
- 119-s-2296: National Defense Authorization Act for Fiscal Year 2026
- 119-s-186: No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of 2025
- 119-sres-585: A resolution honoring the life, achievements, and legacy of Ben Nighthorse Campbell.
- 119-sres-391: A resolution condemning the assassination of Charlie Kirk and honoring his life and legacy.
- 119-sres-255: A resolution honoring the life, achievements, and legacy of former United States Senator Christopher "Kit" Bond of Missouri.

## Sources
- [119-s-587 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/587)

## Related
- [119-s-1071: National Defense Authorization Act for Fiscal Year 2026](https://policyrisk.com/legislation/119-s-1071)
- [119-s-2296: National Defense Authorization Act for Fiscal Year 2026](https://policyrisk.com/legislation/119-s-2296)
- [119-s-186: No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of…](https://policyrisk.com/legislation/119-s-186)
- [119-sres-585: A resolution honoring the life, achievements, and legacy of Ben Nighthorse Camp…](https://policyrisk.com/legislation/119-sres-585)
- [119-sres-391: A resolution condemning the assassination of Charlie Kirk and honoring his life…](https://policyrisk.com/legislation/119-sres-391)
- [119-sres-255: A resolution honoring the life, achievements, and legacy of former United State…](https://policyrisk.com/legislation/119-sres-255)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-587 (as of 2025-12-21).