HR1301119th CongressWALLET

Death Tax Repeal Act

Sponsored By: Representative Feenstra

Introduced

Summary

This bill would repeal the federal estate tax and the generation‑skipping transfer tax. It would also reshape gift tax rules by keeping tiered rates but creating a $10 million lifetime exemption indexed for inflation.

Show full summary
  • Heirs of people who die on or after enactment would not owe the federal estate tax. This removes that tax from those estates.
  • Donors and high‑net‑worth individuals would still face a gift tax, but under a tiered schedule from 18% to 35% and a $10 million lifetime exemption that is indexed for inflation after 2011.
  • Generation‑skipping transfers made on or after enactment would not be subject to the GST tax. Qualified domestic trusts for surviving spouses of decedents who died before enactment would follow transitional rules, including changed treatment of distributions after a 10‑year period beginning on the enactment date.

Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 0 costs, 2 mixed.

End estate and GST taxes

If enacted, estates of people who die on or after the enactment date would not owe the federal estate tax. Generation-skipping transfers on or after that date would not owe the GST tax. For certain qualified domestic trusts tied to a spouse of someone who died before enactment, one charge would end right away and another would end after 10 years.

New gift tax rules and $10M shield

The bill would change how yearly gift tax is figured and set a new rate schedule from 18% up to 35%. It would also create a $10,000,000 lifetime gift exclusion, indexed for inflation and rounded to the nearest $10,000. These rules would apply to gifts made on or after enactment. Big gifts could face lower or higher tax depending on size and prior gifts.

Special gift tax timing and rate link

In the year the law is enacted, some rules would split that calendar year into two parts: before and after enactment. Another rule would treat that year as one prior period. The bill would also link a tax on certain gifts and bequests from some former citizens to the new gift‑tax rate schedule. These are technical timing and cross‑reference changes.

Sponsors & CoSponsors

Sponsor

Feenstra

IA • R

Cosponsors

  • Bishop

    GA • D

    Sponsored 2/13/2025

  • Smith (MO)

    MO • R

    Sponsored 2/13/2025

  • Emmer

    MN • R

    Sponsored 2/13/2025

  • Buchanan

    FL • R

    Sponsored 2/13/2025

  • Rouzer

    NC • R

    Sponsored 2/13/2025

  • Finstad

    MN • R

    Sponsored 2/13/2025

  • Fleischmann

    TN • R

    Sponsored 2/13/2025

  • Amodei (NV)

    NV • R

    Sponsored 2/13/2025

  • Tenney

    NY • R

    Sponsored 2/13/2025

  • Perry

    PA • R

    Sponsored 2/13/2025

  • Meuser

    PA • R

    Sponsored 2/13/2025

  • Strong

    AL • R

    Sponsored 2/13/2025

  • Zinke

    MT • R

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  • Fitzgerald

    WI • R

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  • LaHood

    IL • R

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  • Moolenaar

    MI • R

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  • Ellzey

    TX • R

    Sponsored 2/13/2025

  • Joyce (PA)

    PA • R

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  • Bilirakis

    FL • R

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  • Clyde

    GA • R

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  • Collins

    GA • R

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  • Harshbarger

    TN • R

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  • Weber (TX)

    TX • R

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  • Latta

    OH • R

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  • Bost

    IL • R

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  • De La Cruz

    TX • R

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  • Moore (UT)

    UT • R

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  • Crenshaw

    TX • R

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  • Stauber

    MN • R

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  • Ciscomani

    AZ • R

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  • Crane

    AZ • R

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  • Burlison

    MO • R

    Sponsored 2/13/2025

  • Miller (WV)

    WV • R

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  • Lawler

    NY • R

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  • Van Duyne

    TX • R

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  • Jackson (TX)

    TX • R

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  • Babin

    TX • R

    Sponsored 2/13/2025

  • Wagner

    MO • R

    Sponsored 2/13/2025

  • Mace

    SC • R

    Sponsored 2/13/2025

  • Moore (WV)

    WV • R

    Sponsored 2/13/2025

  • Cammack

    FL • R

    Sponsored 2/13/2025

  • Boebert

    CO • R

    Sponsored 2/13/2025

  • Fry

    SC • R

    Sponsored 2/13/2025

  • Cloud

    TX • R

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  • McCormick

    GA • R

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  • Bacon

    NE • R

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  • Issa

    CA • R

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  • Pfluger

    TX • R

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  • Roy

    TX • R

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  • Miller (OH)

    OH • R

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  • Carter (GA)

    GA • R

    Sponsored 2/13/2025

  • Smith (NE)

    NE • R

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  • Schmidt

    KS • R

    Sponsored 2/13/2025

  • Williams (TX)

    TX • R

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  • Cline

    VA • R

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  • Langworthy

    NY • R

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  • Smucker

    PA • R

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  • Ezell

    MS • R

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  • Rogers (AL)

    AL • R

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  • Downing

    MT • R

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  • Franklin, Scott

    FL • R

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  • Biggs (AZ)

    AZ • R

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  • Rutherford

    FL • R

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  • Yakym

    IN • R

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  • Edwards

    NC • R

    Sponsored 2/13/2025

  • McDowell

    NC • R

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  • Bice

    OK • R

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  • Kelly (PA)

    PA • R

    Sponsored 2/13/2025

  • Barrett

    MI • R

    Sponsored 2/13/2025

  • Garbarino

    NY • R

    Sponsored 2/13/2025

  • Baird

    IN • R

    Sponsored 2/13/2025

  • Van Orden

    WI • R

    Sponsored 2/13/2025

  • Kustoff

    TN • R

    Sponsored 2/13/2025

  • Thompson (PA)

    PA • R

    Sponsored 2/13/2025

  • Newhouse

    WA • R

    Sponsored 2/13/2025

  • Self

    TX • R

    Sponsored 2/13/2025

  • Graves

    MO • R

    Sponsored 2/13/2025

  • Gill (TX)

    TX • R

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  • Nunn (IA)

    IA • R

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  • Valadao

    CA • R

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  • Letlow

    LA • R

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  • Calvert

    CA • R

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  • Hern (OK)

    OK • R

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  • Fallon

    TX • R

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  • Fulcher

    ID • R

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  • Foxx

    NC • R

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  • Palmer

    AL • R

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  • Green (TN)

    TN • R

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  • Tiffany

    WI • R

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  • Ogles

    TN • R

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  • Moran

    TX • R

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  • McCaul

    TX • R

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  • Alford

    MO • R

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  • Guthrie

    KY • R

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  • Guest

    MS • R

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  • Higgins (LA)

    LA • R

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  • Evans (CO)

    CO • R

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  • Miller-Meeks

    IA • R

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  • Hinson

    IA • R

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  • Griffith

    VA • R

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  • Womack

    AR • R

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  • Kelly (MS)

    MS • R

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  • Moore (NC)

    NC • R

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  • McClintock

    CA • R

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  • Harris (NC)

    NC • R

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  • Balderson

    OH • R

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  • Houchin

    IN • R

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  • Mann

    KS • R

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  • Rulli

    OH • R

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  • Wied

    WI • R

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  • Fong

    CA • R

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  • Simpson

    ID • R

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  • Steube

    FL • R

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  • Sessions

    TX • R

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  • Bean (FL)

    FL • R

    Sponsored 2/13/2025

  • Murphy

    NC • R

    Sponsored 2/13/2025

  • Taylor

    OH • R

    Sponsored 2/13/2025

  • Crank

    CO • R

    Sponsored 2/13/2025

  • Biggs (SC)

    SC • R

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  • Maloy

    UT • R

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  • Bresnahan

    PA • R

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  • Comer

    KY • R

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  • Fischbach

    MN • R

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  • Davidson

    OH • R

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  • Van Drew

    NJ • R

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  • Turner (OH)

    OH • R

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  • Carey

    OH • R

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  • Hurd (CO)

    CO • R

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  • Mills

    FL • R

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  • Rose

    TN • R

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  • Wilson (SC)

    SC • R

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  • Norman

    SC • R

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  • Westerman

    AR • R

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  • Gooden

    TX • R

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  • Stutzman

    IN • R

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  • Scott, Austin

    GA • R

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  • Kiley (CA)

    CA • R

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  • Haridopolos

    FL • R

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  • Davis (NC)

    NC • D

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  • Greene (GA)

    GA • R

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  • Miller (IL)

    IL • R

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  • Moore (AL)

    AL • R

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  • Allen

    GA • R

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  • Bergman

    MI • R

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  • DesJarlais

    TN • R

    Sponsored 2/13/2025

  • Flood

    NE • R

    Sponsored 2/13/2025

  • Harris (MD)

    MD • R

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  • Barr

    KY • R

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  • Jordan

    OH • R

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  • Messmer

    IN • R

    Sponsored 2/13/2025

  • Diaz-Balart

    FL • R

    Sponsored 2/13/2025

  • Gosar

    AZ • R

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  • Walberg

    MI • R

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  • Hill (AR)

    AR • R

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  • McGuire

    VA • R

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  • Arrington

    TX • R

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  • Gonzales, Tony

    TX • R

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  • Aderholt

    AL • R

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  • Nehls

    TX • R

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  • Fedorchak

    ND • R

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  • Begich

    AK • R

    Sponsored 2/13/2025

  • Burchett

    TN • R

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  • Donalds

    FL • R

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  • Baumgartner

    WA • R

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  • Malliotakis

    NY • R

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  • Crawford

    AR • R

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  • Luttrell

    TX • R

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  • Dunn (FL)

    FL • R

    Sponsored 2/13/2025

  • Massie

    KY • R

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  • Mast

    FL • R

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  • Rogers (KY)

    KY • R

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  • Carter (TX)

    TX • R

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  • Hudson

    NC • R

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  • Goldman (NY)

    NY • D

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  • Joyce (OH)

    OH • R

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  • Goldman (TX)

    TX • R

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  • Reschenthaler

    PA • R

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  • Shreve

    IN • R

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  • Stefanik

    NY • R

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  • Knott

    NC • R

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  • Webster (FL)

    FL • R

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  • Onder

    MO • R

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