To amend the Internal Revenue Code of 1986 to increase the exclusion equivalent of the unified credit allowed against the estate tax to $7,500,000 and to establish a flat estate tax rate.

3.0.0 1560 2019-11-15T21:48:08Z 2019-11-15T21:48:08Z House H HR 2005-04-12 109 hswm00 Ways and Means Committee House Standing Referred to 2005-04-12T16:33:00Z 2005-04-12 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2005-04-12 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-04-12 Introduced in House IntroReferral 1000 9 Library of Congress F000262 Rep. Ford, Harold E., Jr. [D-TN-9] HAROLD FORD D TN E. 9 N Taxation Estate tax Gift tax Inheritance tax Tax credits Tax rates Taxation

00 2005-04-12 Introduced in House 2005-05-10T18:18:16Z Amends the Internal Revenue Code to: (1) increase the estate tax exclusion to $7.5 million; and (2) establish a single estate tax rate of 27.5 percent.

Repeals certain provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) relating to estate, gift, and generation-skpping transfer taxes.

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To amend the Internal Revenue Code of 1986 to increase the exclusion equivalent of the unified credit allowed against the estate tax to $7,500,000 and to establish a flat estate tax rate. Display Title To amend the Internal Revenue Code of 1986 to increase the exclusion equivalent of the unified credit allowed against the estate tax to $7,500,000 and to establish a flat estate tax rate. Official Title as Introduced To amend the Internal Revenue Code of 1986 to increase the exclusion equivalent of the unified credit allowed against the estate tax to $7,500,000 and to establish a flat estate tax rate. Introduced in House 2005-04-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr1560ih/xml/BILLS-109hr1560ih.xml 2005-04-12 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.